Ethereum L1 must maintain high TVL & users!Higher TVL & more users -> more address poisoning attack transactions-> more ETH burnt.If TVL goes to L2s/alt-L1s, dusting attacks also leave :(On a more serious note, the attack success rate is just 0.01% (1 in 10,000 transfers), but as Ethereum L1 scales, address poisoning attacks get cheaper so poisoning became industrialized.After the Fusaka upgrade cut attack costs by up to 600%, sub-$0.01 'dust' transfers increased, then cooled but still stayed above pre-Fusa ...

RT The Block (@TheBlockCo)Trust Wallet launches automatic Address Poisoning Protection to help prevent increasingly common attack https://t.co/nlKaXOmBu1 ...

⚡️ INSIGHT: An address poisoning attack has resulted in the loss of 3.5 WBTC (around $266K) after funds were sent to a lookalike address, according to @web3_antivirus.While smaller than recent high-profile cases involving losses of $12.4M and $50M, the incident followed the same pattern.Onchain data shows the victim was an experienced user with extensive activity on Biconomy, frequently interacting with multisigs and smart accs.[Brought to you by @web3_antivirus] ...

A victim (0xcB80) lost $50M due to a copy-paste address mistake.Before transferring 50M $USDT, the victim sent 50 $USDT as a test to his own address 0xbaf4b1aF...B6495F8b5.The scammer immediately spoofed a wallet with the same first and last 4 characters and performed an address poisoning attack.Since many wallets hide the middle part of the address with "..." to make the UI look better.Many users often copy the address from transaction histories, and usually only check the starting and ending letters.This ...