US EditionEthereum posts record on chain activity as research points to possible spam-driven growth: Asia Morning Briefing
28 Articles
28 Articles
'Scam' Concerns Drive an 8% Plunge In Ethereum This Weekend
Key PointsMacro conditions have continued to deteriorate this weekend, with more rhetoric from President Trump involving Greenland.However, reports that a large-scale poisoning attack late last week may be masking some of Ethereum's user growth is concerning.Let's dive into what this key bearish catalyst could mean for the world's second-largest digital asset moving forward. 10 stocks we like better than Ethereum › As the world's second-largest …
Ethereum posts record on chain activity as research points to possible spam-driven growth: Asia Morning Briefing
Data suggests much of the recent spike in Ethereum transactions is tied to address poisoning, a scam that relies on cheap “dust” transfers to contaminate transaction histories rather than organic user demand.
The recent outbreak of activity on Ethereum could be less a sign of euphoria than a malicious background noise. A security researcher, Andrey Sergeenkov, estimates that a part of this rise looks like a poisoning address campaign, a variant of dusting that benefits from transaction fees that have become very low since December. The retention of activity would have almost doubled in a month, around 8 million addresses, while daily transactions rea…
Ethereum Under Pressure After $3K Breakdown, What Traders Are Watching Next
Ethereum breaking below the $3,000 mark is more than a routine pullback. It signals a shift in short-term market control. After failing to hold above $3,200, ETH entered a sharp downside correction, mirroring broader weakness across crypto markets. The move below a major psychological level has placed traders on alert, especially as volatility begins to […]
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