EOS experienced an address poisoning attack, coinciding with its recent rebranding. This event piques interest in expected increased activity.
Attack Details and SlowMist's Response
The EOS attack involves sending small amounts from spoof addresses. This occurred shortly after announcing the rebrand to Vaulta, aiming to bridge traditional finance with the blockchain. SlowMist reported the attack exploiting known address names. Malicious users are sending 0.001 EOS to confuse users when transferring tokens to exchanges.
EOS Prospects Post-Rebranding
Previously seen as a 'dead' network, EOS now witnesses a resurgence in activity following its rebranding announcement. The project faced challenges in aligning with recent crypto trends, including Web3 and NFTs, though post-rebrand, token prices surged by 27%. The small DeFi sector on EOS also saw activity increases.
EOS RAM Market: New Activity
With anticipated increased activity, EOS experiences a spike in the RAM market, valued at $15.6M. The market once again becomes a target for speculation, potentially leading to price hikes.
The address poisoning attack on EOS coincided with its rebrand announcement to Vaulta, drawing attention to the network. Plans for renewed activity and the promotion of the new mission could give EOS a second chance to cement its position in the Web3 market.
