Ethereum Community Warned of Google-Exploiting Phishing Scam Targeting Crypto Users
Ethereum Name Service (ENS) lead developer Nick Johnson has issued a warning to the crypto community about a sophisticated phishing scam exploiting a Google vulnerability. The scam involves fraudulent emails sent from [email protected], appearing legitimate and urging users to act on fake subpoena notices. Here’s what you need to know to stay protected.
Google Vulnerability Enables Convincing Phishing Attack Targeting Crypto Users
Ethereum Name Service (ENS) lead developer Nick Johnson has alerted crypto users to a new phishing scam exploiting a vulnerability in Google infrastructure. Scammers send valid, signed emails from [email protected] informing users of a subpoena served on Google to surrender information related to their Google account. The email appears completely real and prompts users to protest the subpoena or examine case materials, posing a significant security risk to crypto users.
Over 1.9M Ethereum Positioned Between $1,457 And $1,598 – Can Bulls Hold Support?
Ethereum is trading above the $1,500 mark after a week of heightened volatility and continued global trade uncertainty. Macroeconomic tensions continue to weigh heavily on crypto markets. Despite the recent bounce, Ethereum’s price action still hints at a broader downtrend. However, there are signs of potential strength ahead. If bulls manage to push ETH above immediate resistance zones, a bullish momentum shift could emerge. Market watchers are closely monitoring cost basis levels to identify where strong demand may resurface. According to data from Glassnode, Ethereum’s Cost Basis Distribution reveals key price insights.
Ethereum to See Potential Short-Term Price Downturn
Ethereum ($ETH) has seen a crucial development in the derivatives sector with a staggering 77,000 $ETH inflow into derivatives exchanges on April 16, 2025, according to CryptoQuant data. This significant inflow raises concerns about a potential price dip. Similar inflow events on March 26 and April 3 preceded notable price declines. Investors are cautious due to the past correlation between such inflows and price movements.
Ethereum Price Forecast: ETH Faces Value Accrual Risks
Ethereum (ETH) is losing ground to Solana and BNB Chain in terms of fees captured since introducing blobs. The data availability roadmap, introduced after the Dencun upgrade in March 2024, has been hampering ETH’s value accrual, according to Binance Research. Based rollups could improve ETH’s value accrual, but they are not a ’top priority’ in the upcoming Pectra and Fusaka upgrades. ETH could find support within the $1,450-$1,550 range amid signs of weakness in its technical indicators. ETH declined 1%, trading just below $1,600 in the early Asian session on Thursday.
Ethereum Price Struggles to Rebound
Ethereum price started a fresh decline below the $1,650 zone and is now consolidating. The price declined below $1,620 and $1,600, even spiking below $1,550 with a low formed at $1,538. It is now correcting losses with a move above the $1,565 level. There is a new connecting bearish trend line forming with resistance at $1,600 on the hourly chart. The pair could start a fresh increase if it clears the $1,655 resistance zone.
