Ethereum address poisoning spike, ‘wallets aren’t ready’ says researcher
Researcher Andrey Sergeenkov told Protos about his researc on Ethereum’s scaling improvements and a $63.3M spike in address poisoning losses.
Researcher Andrey Sergeenkov told Protos about his researc on Ethereum’s scaling improvements and a $63.3M spike in address poisoning losses.
Two crypto users lose a combined total of almost $1M to address poisoning. One even ignored their own test transaction.
The address poisoner is now swapping the $50M worth of USDT into various cryptocurrencies and moving it across addresses.
A week after losing millions to an ‘address poisoning’ scam, over half of the funds have been returned to the victim’s Ethereum address.