Hey Hive!
Happy Weekend!
For this week's news - yet another phishing attempt on unsuspecting MetaMask users, an NFT nets a massive return, and Bitcoin received a big investment!
Read on!
A MetaMask phishing scam, promoted on Google search ads, has made off with tens of thousands of dollars worth of users' crypto.
The scammers targeted users who searched for the MetaMask extension on Google, redirecting them to its fraudulent domains via its search ads.
Blockchain forensics company CipherTrace identified four domains for the scam, with some still being actively promoted.
A non-fungible token (NFT) originally bought by professional baseball player Micah Johnson sold for $19,500 on Nifty Gateway - 26 times its asking price of $750.
Part of a series named "Picasso's Bulls", the NFT is an animated amalgamation of crypto symbols and faux cubism in the shape of a bull.
The NFT artist, Trevor Jones, sold nine more previously with the same colour scheme, as well as 25 in bronze, three in gold and one in taupe.
Life insurance company MassMutual has invested $100 million in Bitcoin (BTC), as well as a $5 million equity stake in NYDIG.
The twin initiatives will give the firm direct exposure to the digital asset's price fluctuations and hopes to attract other institutions to follow suit.
MassMutual however, did not specifically provide reasons for the investment. Rather the firm said it was seeking 'measured yet meaningful' exposure.
Overall though, the $100 million sum represents a small portion of the company's massive $235 billion general investment account.
Base Protocol took over this week's first spot for the top 3锔忊儯0锔忊儯 trending coins on CoinGecko!
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