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Spot Ether exchange-traded funds post $952 million in net outflows over a five-day stretch as recession fears intensify. The withdrawals concentrate selling pressure on Ethereum-linked products and signal a broader risk-off tone among investors who are paring exposure to volatile assets in the face of weakening macroeconomic signals.

Phishing scams cost users more than $12 million in August, underscoring the persistence of credential theft and fund-draining schemes. The elevated losses highlight the importance of heightened caution around unsolicited links and impersonation attempts, reinforcing the need for careful verification of communications to reduce exposure to social engineering threats.