Cryptocurrency users are being warned against the rising threat of address poisoning attacks. These attacks occur when malicious actors generate multiple addresses that closely resemble legitimate ones, often differing only in a few characters at the beginning or end. This tactic is used to deceive users into sending funds to the wrong address by copying from recent transaction records.
To avoid falling victim to such scams, users are advised to verify the entire address string rather than relying on the first and last few characters. The ease with which attackers can create similar-looking addresses makes it crucial for users to exercise caution and double-check addresses before initiating any transactions.
Beware of Address Poisoning Attacks in Crypto Transactions
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