Large investors can invest $600 billion in Bitcoin, and users of the Ledger hardware wallet suffered a phishing attack again

Institutional investors can invest up to $600 billion in BTC

Analysts at JPMorgan believe there is already a potential demand for cryptocurrencies from institutional investors. Massachusetts Mutual Life Insurance’s recent $100 million investment in Bitcoin just speaks to the growing interest in digital assets.

Family office managers, large investors, insurance companies and pension funds are gradually changing their attitude towards BTC. JPMorgan believes they can invest up to $600 billion in Bitcoins.

“MassMutual’s Bitcoin purchases represent another milestone in the Bitcoin adoption by institutional investors. One can see the potential demand that could arise over the coming years as other insurance companies and pension funds follow MassMutual’s example,” analysts at JPMorgan said.

Ledger users lose 60 BTC due to a phishing attack

Threat actors have robbed Ledger wallet users using phishing emails. Users received messages with a warning about a fake data leak of 115 thousand service customers and a proposal to update the wallet.

The letters were signed by the name of the head of Ledger, Pascal Gauthier.

The hackers reported that “On December 8, security researchers recorded unauthorized third-party access to one of Ledger Live’s internal servers.”

“If you’re receiving this email, you’re affected by the breach. We have no evidence of user wallets being affected, but it’s smart to place security over convenience. In order to make sure your assets are safe, install the latest version of Ledger Live and follow the instructions to secure your wallet with a new PIN, ”the message said.

Since the end of October, a massive phishing attack has been launched against Ledger users. Attackers send them messages urging them to install an update that allows them to gain access to digital assets.