What are address poisoning attacks in crypto and how to avoid them?


What are address poisoning attacks in crypto and how to avoid them?


Address poisoning attacks involve tracking, misusing or compromising cryptocurrency addresses.

Address poisoning involves sending small transactions from wallet addresses that closely resemble a legitimate one, tricking users into copying the wrong address when making future transactions. 

Common techniques include phishing, fake QR codes, Sybil attacks, smart contract manipulation, and clipboard malware. 

Address poisoning has led to over $83 million in confirmed losses. Victims include individual users and DeFi platforms.

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