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Ethereum address poisoning strikes again

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Ethereum address poisoning strikes again

An Ethereum user lost $600,000 on Tuesday morning to a common crypto scam known as ‘address poisoning.’

Highlighting the loss, SpecterAnalyst, a self-described “onchain investigator,” warned users to “always verify the entire wallet address.”

The costly mishap comes just one week after another user lost over $350,000 to the same scam, despite first sending a test transaction to the attacker’s address.

Read more: Crypto trader loses $50M USDT to address poisoning scam

Address poisoning is an attack vector in which scammers send spam transactions to genuine users, after they make a transfer.

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The incoming transactions come from similar-looking addresses in the hopes that the user will confuse them for the intended address in future transfers. Fake versions of common token tickers may be transferred in these spam transactions, or small amounts of genuine assets.

The strategy requires generating a new, look-alike address with identical beginning and end characters, which the user accidentally copies and pastes into future transfers. 

Popular block explorers often abbreviate the middle portion of addresses to save space.

Read more: Refund of $70M ‘address poisoning’ scam ongoing, over 50% returned

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Barabazs.eth, of the Ethereum Foundation and Ump.eth, proposes a partial solution to this issue. The tool allows for visually truncated addresses, while the full text remains searchable for users to double-check before transfers.

However, using an address book is far safer than copying addresses from a block explorer.

After Ethereum’s Fusaka upgrade lowered transaction costs, address poisoning has surged. The volume of freshly created addresses has risen sharply following the protocol upgrade in December last year, according to research from Andrey Sergeenkov.

Test failed successfully

In the wake of today’s loss, SpecterAnalyst also drew attention to a significant loss from last week.

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This time, the user even sent a test transaction to the scammer’s spoofed address, but “the test fund was not properly confirmed before sending the main amount.”

The simple error led to a loss of over $350,000.

SpecterAnalyst suggests that, for this user, testing became “a routine step rather than serving its actual purpose of confirming the correct destination address.”

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XRP Leads Crypto Rally as Bitcoin Reclaims $74,000 Amid Global Tensions

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XRP Leads Crypto Rally as Bitcoin Reclaims $74,000 Amid Global Tensions

The cryptocurrency market is seeing renewed bullish momentum as XRP climbed to around $1.47, gaining nearly 4% in the past 24 hours. The move highlights growing investor interest in major altcoins as traders rotate back into digital assets amid broader volatility across traditional financial markets.

Meanwhile, Bitcoin surged past $74,000, rising more than 3% in a single day and triggering roughly $115 million in short liquidations. The rally comes as global markets react to geopolitical tensions, with cryptocurrencies showing resilience compared to some traditional assets. Since the start of the latest market volatility, Bitcoin has climbed more than 12% from around $66,000, helping push the total crypto market capitalization toward $2.5 trillion.

As the market heats up, new projects are also entering the spotlight, including the Ethereum-based memecoin APEPEPE, which has officially launched its presale phase. The project is positioning itself within the fast-growing memecoin sector that previously produced breakout successes such as Dogecoin and Shiba Inu. By focusing on community engagement and viral branding, the team behind APEPEPE aims to build momentum during the early stages of its launch.

Institutional activity is also playing a role in the current market strength. U.S. spot Bitcoin ETFs have recorded hundreds of millions of dollars in inflows, helping support Bitcoin’s climb while improving overall sentiment across the crypto sector. However, analysts still warn that macroeconomic uncertainty and global events could create short-term volatility.

Despite these risks, many traders believe the current environment could spark a new wave of innovation and speculative interest across the crypto ecosystem. With major assets like XRP and Bitcoin leading the rally, attention is increasingly shifting toward emerging projects that could capture the next cycle of market excitement.

For early-stage investors and crypto enthusiasts watching the memecoin sector, projects like APEPEPE are gaining attention precisely because they are still in their early phases. As the presale unfolds and the community continues to grow, supporters hope the project could become one of the standout newcomers in the evolving memecoin landscape.

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Learn more about APEPEPE:

Website: https://apepepe.com

X (Twitter): https://x.com/realAPEPEPE


Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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Ulta Beauty (ULTA) Stock Plunges 10% Post-Earnings: Is This a Buying Window?

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ULTA Stock Card

Key Takeaways

  • Shares of Ulta Beauty tumbled over 10% following its Q4 earnings release, pressured by conservative fiscal 2026 projections and a modest bottom-line shortfall
  • The company’s Q4 earnings per share of $8.01 exceeded both internal projections and analyst consensus, while sales reached $3.90B, marking an 11.8% year-over-year increase
  • Comparable store sales climbed 5.8% in Q4, with positive momentum across all primary product segments
  • Fiscal 2026 comp sales outlook of 2.5%–3.5% fell short of Street expectations, with management signaling flat operating margin performance ahead
  • The beauty retailer announced a $1 billion share repurchase program for this year; institutional shareholders control 90.39% of shares, while analyst consensus leans “Moderate Buy” at $671.27 price target

Ulta Beauty delivered what would typically be considered a strong fourth-quarter performance, yet investors fixated on softer full-year projections and a minor earnings shortfall against elevated expectations. Shares plummeted more than 10% following the earnings announcement, extending losses to approximately 19% since Barron’s recommended the stock less than 30 days prior.


ULTA Stock Card
Ulta Beauty, Inc., ULTA

The beauty retailer reported Q4 earnings of $8.01 per share, surpassing the consensus forecast of $7.93 by eight cents. Top-line results reached $3.90 billion, representing an 11.8% year-over-year improvement and exceeding analyst projections of $3.81 billion. Gross profit margins also came in ahead of estimates. What triggered the selloff? Earnings missed certain higher-end projections, and the company’s fiscal 2026 outlook proved more conservative than investors anticipated.

For the current fiscal year, management projected comparable sales expansion of 2.5% to 3.5% — landing below Wall Street’s midpoint expectations — while signaling operating margins would remain essentially unchanged. Elevated marketing expenditures, rising incentive-based compensation, and strategic reinvestment initiatives are compressing profitability. The company also faces more challenging year-over-year comparisons following a robust FY25 performance.

With a new chief financial officer recently appointed, the measured guidance approach may reflect fresh leadership caution. Raymond James analyst Olivia Tong observed that the conservative stance aligns with Ulta’s traditional guidance philosophy, potentially reinforced by current macroeconomic and geopolitical uncertainty.

Wall Street Moderates Targets While Maintaining Support

Though the market’s response was severe, few analysts issued downgrades. UBS maintained its “buy” recommendation with an $810 price objective. William Blair analyst William Carden suggested the sharp decline “could reverse quickly” following the reset of 2026 expectations around stable margins. TD Cowen’s Oliver Chen emphasized Ulta’s “low-to-luxe” product range as an enduring competitive advantage.

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Overall analyst sentiment remains at “Moderate Buy,” comprising 15 Buy ratings, 10 Hold recommendations, one Strong Buy, and a single Sell rating. The consensus price target stands at $671.27, compared to Monday’s opening price of $535.72 — suggesting substantial upside potential if operational execution meets projections.

Zacks Investment Research shifted its rating from “Strong Buy” to “Hold” in February, ahead of the earnings release. Jefferies, which initiated coverage in January, maintains a “Hold” stance with a $700 target.

Institutional Investors Increasing Stakes

Despite the post-earnings turbulence, several institutional investors expanded their holdings. Holocene Advisors LP increased its ULTA position by 339.6% during Q3, acquiring an additional 293,516 shares for a combined stake valued at approximately $207.7 million. Focus Partners Wealth, Intech Investment Management, and multiple other institutional funds similarly added exposure in recent quarters.

Institutional ownership currently represents 90.39% of outstanding shares.

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The company’s Q4 comparable sales growth of 5.8% compares favorably against flat performance in Kohl’s Sephora partnership. Digital channels continue gaining traction, with artificial intelligence-powered personalization identified as a key catalyst. The retailer also plans to introduce a curated TikTok Shop presence, aiming to capture younger demographic segments.

Ulta’s 52-week trading range spans from $323.36 to $714.97. Monday’s opening price of $535.72 sits notably below the 50-day moving average of $665.60 and the 200-day average of $587.65.

Management established fiscal 2026 EPS guidance at $28.05–$28.55, compared to the current analyst consensus of $23.96 for the period.

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Crypto Funds Add $1B as Bitcoin and Ethereum Lead Gains

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Crypto Funds Add $1B as Bitcoin and Ethereum Lead Gains

Crypto investment products continued their momentum last week, signaling resilience to geopolitical stress and strengthening the case for Bitcoin’s role as a safe-haven asset.

Crypto exchange-traded products (ETPs) recorded $1.06 billion in inflows last week, led by $793 million into Bitcoin (BTC), CoinShares reported on Monday.

The inflows mark three consecutive weeks of positive flows totaling $2.7 billion, driving net inflows to around $1.2 billion year-to-date.

CoinShares’ head of research, James Butterfill, said the rising momentum over the past few weeks underscores the resilience of digital assets, particularly Bitcoin, as a “relative safe haven” compared with other asset classes.

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Since the onset of the Iran crisis, total assets under management (AuM) in digital asset ETPs have risen by 9.4% to nearly $140 billion, he said.

Ethereum ETP flows about to turn neutral with fresh $315 million inflows

With the latest inflows, Bitcoin ETPs increased year-to-date gains to $933 million. Ether (ETH) funds are still in the red, with around $23 million in outflows YTD after $315.3 million of inflows last week.

Butterfill said the launch of new staking ETF listings in the US contributed to the positive momentum, bringing the flows close to a net neutral position.

Crypto ETP flows by asset (in millions of US dollars). Source: CoinShares

XRP (XRP) suffered its second week of outflows totaling $76 million, while Solana (SOL) saw $9.1 million of inflows.

Related: Bitcoin ETFs add $251M as Goldman Sachs tops XRP ETF holders

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Short-Bitcoin products also recorded inflows of $8.1 million last week, highlighting that market opinion remains “somewhat polarized,” Butterfill said.

Spot Bitcoin ETFs post first five-day inflow streak, year-to-date losses still at $500 million

The majority of Bitcoin fund inflows were driven by US spot Bitcoin exchange-traded funds (ETFs), which recorded their first five-day inflow streak of 2026, attracting $767.3 million in new funds last week.

Despite three consecutive weeks of inflows totaling $2.1 billion, the ETFs remain in negative territory for the year, with approximately $493 million in net outflows year-to-date.

Weekly flows in US spot Bitcoin ETFs since Jan 2. Source: SoSoValue

This week will reveal whether US spot Bitcoin ETFs can finally turn positive for 2026, after $1.8 billion in outflows in January and February were partially offset by $1.34 billion in inflows in March.

Magazine: Spot Bitcoin ETFs first green week, crypto ATM losses surge 33%: Hodler’s Digest, Mar. 8 – 14

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