Ethereum has recently recorded a sharp rise in on-chain activity, but security analysis suggests the surge may not be entirely organic. A growing body of evidence points to address poisoning attacks exploiting lower transaction costs as a potential driver behind the increase. Over the past month Ethereum’s active address count climbed to nearly 8 million, while daily transactions reached a record high of about 2.9 million. In the week beginning Jan. 12 alone, roughly 2.7 million new addresses were created, representing a 170% jump above normal levels. Daily transactions during that period consistently exceeded 2.5 million. According to security research,…
Author: Blockto Team
World Liberty Financial (WLFI) is facing growing criticism after a governance vote approved a USD1 growth proposal, with on-chain data revealing that a small group of wallets held decisive control over the outcome. The vote has raised concerns about fairness, transparency, and the role of insider influence in protocol governance. Blockchain records show that the top nine wallets controlled nearly 60% of total voting power, effectively determining the result of the proposal. The largest single wallet alone accounted for 18.7% of the vote, according to the snapshot data. These wallets have been flagged by independent researchers as being linked to…
Memecoin launchpad Pump.fun is pivoting from its traditional focus on meme tokens with the launch of Pump Fund, a new investment arm aimed at supporting promising startups across multiple sectors. The initiative marks the platform’s first major expansion beyond memecoins. Pump Fund will begin with a $3 million hackathon, funding up to 12 projects with $250,000 each at a $10 million valuation. The fund emphasizes long-term alignment with teams, offering mentorship from Pump.fun founders and supporting projects that are fast-moving, transparent, and demonstrate sustainable potential, even outside the crypto space. Pump.fun said on Monday ; The hackathon structure allows the market itself…
Strategy has reinforced its position as the world’s largest corporate Bitcoin holder after completing its biggest Bitcoin purchase in more than a year, adding over 22,000 BTC to its balance sheet. The move underscores the company’s long-term conviction in Bitcoin despite ongoing market volatility and equity dilution concerns. Between early and mid-January, Strategy acquired 22,305 Bitcoin for approximately $2.13 billion, paying an average price of $95,284 per BTC. This brings the firm’s total holdings to 709,715 BTC, now valued at roughly $64.5 billion at current market prices. According to the company’s co-founder and executive chairman, Michael Saylor; The company’s cumulative Bitcoin…
Coinbase CEO Brian Armstrong is set to continue discussions on the U.S. crypto market structure bill during the World Economic Forum in Davos, aiming to address remaining differences between crypto platforms and traditional banks. This effort comes after Coinbase temporarily withdrew support from the bill over restrictions on stablecoin yields. Armstrong confirmed in a video statement that Coinbase will meet with bank executives at Davos to explore a “win-win” framework for both sectors. He emphasized that stablecoins should create opportunities for crypto companies and banks on a level playing field. Insights from these discussions will be shared with the Senate…
Pendle, a decentralized finance yield protocol, is rolling out a major update to its governance structure as it seeks to address low adoption and usability challenges tied to its existing token model. The platform will gradually phase out vePENDLE and introduce sPENDLE, a new liquid staking and governance token designed to offer greater flexibility for users. The transition begins this month, with sPENDLE staking set to go live immediately, while new vePENDLE locks will be paused. A snapshot of current vePENDLE balances will support a smooth migration to the updated system. Once complete, the new governance framework will fully replace…
SPECTRE AI is rapidly earning recognition as the best on-chain tool in the crypto space, built to translate raw blockchain data into actionable intelligence. As on-chain activity becomes more complex, traders and researchers need tools that are fast, transparent, and reliable. SPECTRE AI focuses on delivering clear insights directly from the blockchain, without unnecessary noise. At its core SPECTRE AI analyzes live blockchain data to identify wallet behavior liquidity movements, and emerging trends. Instead of relying on lagging indicators, it emphasizes real-time signals that reflect what is actually happening on-chain. This makes it especially useful for users who want to…
Since its launch in 2023 BloFin Exchange has rapidly evolved into a major crypto trading platform that blends professional-grade tools with broad market access. The company began as a financial services firm in 2019 before launching its full ccrypto exchange quickly climbing into top industry rankings with strong futures trading volume and expanding product offerings. BloFin provides a comprehensive trading ecosystem, supporting spot and futures markets with high leverage (up to 150x) copy trading, grid bots, and an intuitive Unified Trading Account that lets users manage multiple markets seamlessly. The platform lists hundreds of crypto assets for traders and offers…
U.S. spot bitcoin exchange-traded funds (ETFs) experienced significant outflows on Monday, with nearly $395 million exiting the market. The decline follows a weekend sell-off sparked by escalating geopolitical concerns between the U.S. and the EU. Data shows that Fidelity’s FBTC led the outflows, losing $205 million, while other major ETFs including Grayscale GBTC, Bitwise BITB, and Ark & 21Shares ARKB also recorded substantial withdrawals. In contrast, BlackRock’s IBIT saw modest inflows of $15 million. Monday’s activity ended a four-day inflow streak totaling over $1.8 billion, which had pushed bitcoin prices above $95,800 last week. According to data from SoSoValue; The market downturn…
Decentralized finance protocol Makina Finance is under scrutiny after a suspected smart contract exploit resulted in approximately $5 million in losses from one of its stablecoin liquidity pools. The incident highlights ongoing security risks facing DeFi platforms despite growing institutional participation. Blockchain security analysts reported that the exploit was carried out using a $280 million USDC flash loan, allowing the attacker to temporarily access large liquidity without upfront collateral. A significant portion of the borrowed funds was used to manipulate the on-chain pricing oracle, creating artificial conditions that enabled assets to be drained from the DUSD/USDC stablecoin pool. Investigators detailed…