this post was submitted on 11 Oct 2024

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Fidelity hacked ($5.4 trillion asset manager) (monero.town)

submitted 1 month ago by Wave@monero.town to c/monero@monero.town

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Fidelity hacked ($5.4 trillion asset manager)

Confirmed hacked: 77000+ customer records including license, social security numbers and personal information.

We should celebrate that this has nothing to do with Monero. BTCETF investors had better put a few XMR's in their wallets.

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[–] xmr_unlimited@monero.town 7 points 1 month ago (2 children)

There should be a standard for storing personal information. The standard should be not to store personal information.

[–] shortwavesurfer@lemmy.zip 2 points 1 month ago

Exactly. This makes no sense to me. And this is exactly why I use prepaid cell phone service and use gift cards to buy most items I require with Monero. They don't have any personal information at all. And that's the way it should be.

[–] 0x0@programming.dev 1 points 1 month ago

KYC laws demand it?