Fidelity Set to Launch Blockchain Fund Amid Data Security Breach

TL;DR Fidelity Investments is launching a new blockchain-based money market fund to enhance transaction speed and efficiency, competing with major players like BlackRock and Franklin Templeton. The launch follows a significant data breach between August 17-19, 2024, compromising the personal information of over 77,000 customers, but no accounts or funds were accessed. Despite the breach,... source: https://crypto-economy.com/fidelity-set-to-launch-blockchain-fund-amid-data-security-breach/