🚨JUST IN: TRUSTWALLET ROLLS OUT ADDRESS POISONING PROTECTIONLeading self-custody wallet @TrustWallet has today rolled out a new feature to protect its users from one of crypto's most prolific scam mechanisms.Address poisoning involves tricking users into sending funds to illicit addresses posing as legitimate ones. $TWT says the scams have already resulted in over $0.5 billion worth of losses.The feature is for now supported across some 32 EVM-compatible chains including @BNBChain, @Ethereum, @0xPolygon and ...

Let's face it, the cryptobull market sucked. While Bitcoin enjoyed its time in the sun, altcoins barely moved, which was disappointing to say the least. Take Ethereum's ETH for example. Despite being the second largest crypto by market cap, it barely peaked above the all-time high from the 2021 cycle. And now that we're in a bare market, everyone is wondering how low ETH could go and what challenges it could face going forward. So, when a major research company released a report announcing they were bearish ...

According to @PeckShieldAlert, an address linked to @sillytuna (0xd2e8...ca41) was exploited in an address poisoning attack, resulting in the loss of about $24 million in aEthUSDC. PeckShield added that around $20 million in DAI remains in two attacker-controlled intermediary wallets (not yet mixed), and the attacker has begun bridging small amounts of funds to Arbitrum. https://t.co/3HRwSEeV75 ...

Address poisoning has become one of the most damaging scam techniques in crypto.Scammers flood wallets with small transfers so fake addresses appear in tx history. When users later copy an address from history, funds are sent to the attacker instead. In one case, a single address poisoning incident resulted in a $50M loss.[Brought to you by @web3_antivirus] ...

🚨 ALERT: A copy-paste slip sent nearly $50M USDT to a scam address.Address poisoning plants look-alike wallets in your history.Avoid it by checking the full address, using whitelists, and copying only from the original source. https://t.co/Inq9pDu9xM ...

When the market heats up, so do the losses. Address poisoning is still catching users off guard, and @web3_antivirus has just flagged another major case.A 0.0015 dust transaction landed in the victim’s history, and a couple mins later, 1.1M went to a near identical address.[Brought to you by @web3_antivirus] ...