A new scam called address poisoning tricks crypto users into sending funds to the wrong wallet. Attackers copy the first and last four characters of real addresses to create fakes, then send $0 transactions to replace them in your history. Since December, 340,000 addresses have been poisoned and $1.6 million stolen from 95 wallets.
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Major security warning for anyone in crypto. $1.6 million have been stolen with this new scam that you need to watch out for. This one is crazy, and I've never heard of something like this until now. This is being called address poisoning. How many of you guys, when you want to send crypto, you just copy and paste your wallet address into wherever you want to send it to? Well, this actually could end up being dangerous because with this new scam, the scammer takes the first 4 digits and the last 4 digits of your address and creates a new fake address. They then send you a $0 transaction to replace the stored address in your transaction history. And now when you want to send crypto, you might go and copy and paste their address and send it to them by accident. There have been 340,000 addresses poisoned already since December, and like I said, they've stolen $1.6 million from 95 wallets. Make sure you are double-checking that address when you put it in.