Dusting Attack
By CoinGecko | Updated on Aug 13, 2021
A new form of malicious activity in which hackers and scammers attempt to undermine the privacy of cryptocurrency users by sending little amounts of money to their wallets. The attackers then track the transactional activity of these wallets, combining several addresses to deanonymize the person or entity behind each wallet.
Related Terms
Algorithmic Stablecoin
Algorithmic stablecoins are tokens pegged to a fiat currency which is usually the US dollar, purely through software and specific conditions.
Initial Coin Offering (ICO)
Initial Coin Offering (ICO) is the equivalent of Initial Public Offering (IPO), where a company/cryptocurrency venture raises funds through crowd sales.
Buy Wall
Anomalously large buy order(s) at a single price point that reflects as a "wall" in the order book.
Hashrate
Total processing power of a blockchain or what is the same, are the amount of hash values that can be made in a period of time.
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