Scammers to Use MetaMask Removal From Chrome Store

It is not known whether they were able to benefit from their actions
26 July 2018   334

In the evening of July 25, Chrome Web Store removed the Ethereum extension MetaMask. However, the next day the plugin appeared again.

According to the MetaMask team on Twitter, the Google Chrome removed the app without warning and explainations.

MetaMask Twitter Account
MetaMask Twitter Account

Scammers used the situation. They uploaded the phishing app to the store. The attackers had five hours to realize their intentions. It is not known whether they were able to benefit from their actions.

MetaMask is an extension for Chrome, Opera, Firefox, Brave, through which the user can accept and send payments in the Ethereum and ERC-20 tokens.

Prime Trust to Launch Custody Service for Crypto

CEO claimed his company will be the first to offer custody for any ERC-20 tokens
15 August 2018   151

Prime Trust announced the launch of the cryptocurrency custody service. This is reported by the Coindesk.

It became known that as early as the middle of July, the bitcoin storage service became available to customers, and next week support for Ethereum and ERC-20 tokens will be added.

In cryptographic storages, the access key to the wallet is stored either on a secure device not connected to the network or on paper in a safe.

Recently, information has appeared that several financial market mastodons, including Goldman Sachs, Northern Trust and Intercontinental Exchange, plan to provide custodian services for cryptocurrencies. However, according to Prime Trust head Scott Purcell, they were able to get ahead of the above-mentioned organizations.

They are trillion-dollar Fortune 100 entities, and they are just not going to move that fast. "We had had an engineering breakthrough which now enables us to easily cold-storage any ERC-20 token (along with BTC and ETH, of course).
 

Scott Purcell

CEO, Price Trust

Also, Scott notes that Prime Trust will be the first company to offer any ERC-20 tokens storage services.