Ethereum's latest Pectra upgrade faced unexpected issues. Scammers are exploiting trade war fears, and old Bitcoin wallets are becoming active.
Ethereum Disruptions
The Ethereum Pectra upgrade on the Sepolia testnet revealed errors, leading to the mining of empty blocks. The problem originated from the deposit contract, which triggered transfer events instead of deposits. An overlooked edge case allowed an attacker to replicate the issue, resulting in ongoing empty block mining. The development team quickly resolved the issue, restoring normal block production.
Fraud Amid Trade War
Scammers are exploiting trade war fears by offering fraudulent investment schemes, falsely claiming endorsements from notable government figures. Notably, the CanCap scheme gained attention by falsely claiming former Prime Minister Justin Trudeau's endorsement.
Activity of Old BTC Wallets
A wallet linked to the Nucleus marketplace, inactive since 2016, unexpectedly moved $77.5 million in BTC. This has fueled speculation about the motivations behind the activity.
The incidents with Ethereum and fraud schemes highlight vulnerabilities in the crypto space. The activation of old BTC wallets continues amid rising prices.
