HomeNewsRecord Ethereum activity tied to address-poisoning after Fusaka fee cuts; $740,000 stolen.

Record Ethereum activity tied to address-poisoning after Fusaka fee cuts; $740,000 stolen.

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Andrey Sergeenkov says record activity on the Ethereum network in January links to mass address-poisoning attacks. He tied the surge to lower gas fees after the early-December Fusaka upgrade, stated.

Network activity retention roughly doubled to eight million addresses, while daily transactions neared 2.9 million. The week starting Jan. 12 added about 2.7 million new addresses, 170% above typical values.

Address poisoning sends tiny sums from lookalike wallets to trick users into copying wrong addresses. He traced wallets that first received under one dollar and then sent to 10,000-plus addresses.

Some dust distributors targeted over 400,000 recipients. About $740,000 has been stolen from 116 victims so far, and “These poisoning addresses then distribute dust to millions of potential victims, creating false entries in transaction histories.”

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