A fake MetaMask Chrome extension stole 5,000 ETH ($15 million) in 2025, affecting 10,000 users. The extension, mimicking MetaMask’s UI, siphoned private keys, targeting ERC-4337 wallets. Google’s store hasn’t removed it due to slow moderation—30% of flagged apps remain live for 60 days, per 2024 reports. The extension, downloaded 50,000 times, exploits Google’s lax 5% review rate for extensions. MetaMask’s 30 million users are at risk, with 1% already impacted. Google’s $1 billion ad revenue from Chrome extensions may deter strict enforcement, despite 2024’s $100 million scam losses. Users must rely on manual removal, but 20% of victims may recover funds via chain analysis by Q3. Google’s inaction risks a 10% user trust drop by 2026 unless policies tighten.
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Shibburn’s latest data highlights a massive spike in SHIB burns, initiated by a collective effort from the Shiba Inu community. Over the past day, seven wallet addresses contributed to a burn of 7.6 million SHIB tokens, dramatically escalating the burn rate to approximately 68,316%. Notably, three transactions from these addresses were particularly significant, with one wallet identified as ‘0x60’, burning roughly 4.3 million SHIB alone. This wallet, responsible for the largest single transaction, also recorded another major burn, bringing its total to over 5 million Shiba Inu burned in the past day.
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In 2025, many airdrop projects began exploring ways to create lasting value beyond the initial distribution phase. Projects focused on establishing a solid use case for their tokens, often integrating them into DeFi, NFTs, or governance mechanisms. The long-term value of these tokens was derived from their utility in driving ecosystem growth and providing users with opportunities for participation and rewards.
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