Ethereum posts record onchain activity as research points to possible spam-driven growth: Asia Morning Briefing

By: Kenny
Date: January 20, 2026
Time to read: 1 min.

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.

Source link

Leave a Reply Cancel reply

Brazil Central Bank Bars Virtual Assets From eFX Payments

Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework. On Thursday, BCB published Resolution BCB No. 561, amending existing rules for eFX, a regulated category covering international payments and…

Bitcoin Risks Decline After Futures-Driven April Rally: CryptoQuant

Bitcoin could be setting up for a multimonth price decline, after a rally in April driven mainly by futures traders while spot demand declined, according to the crypto analytics firm CryptoQuant. Bitcoin gained around 20% in April, rising from $66,000 to a peak of $79,000 in a rally “driven entirely by growth in perpetual futures…

Carrot’s TVL Collapses 93% in a Month Following Drift Hack

Solana-based decentralized finance yield protocol Carrot said Thursday that it is shutting down permanently, becoming one of the first DeFi protocols to fall due to contagion from the Drift Protocol exploit in early April. In an X post on Thursday, Carrot said the Drift exploit was “catastrophic” for the protocol and had left it financially…

Ethereum posts record onchain activity as research points to possible spam-driven growth: Asia Morning Briefing