Costly Mistake: Victim Loses $68 Million In Address Poisoning Scam

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Costly Mistake: Victim Loses $68 Million In Address Poisoning Scam
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Crypto hackers have claimed another major victim, fooling him into sending $68 million to a wallet he thought was somebody else’s.

Wallet contamination or “address poisoning” involves sending a transaction – usually of zero or negligible value – to a victim’s wallet, simply so that the attacker’s address appears in the victim’s transaction history. Ideally, the attacker hopes they try to copy that address from their history the next time they intend to receive a transaction, under the mistaken belief that it’s their address or that of someone they know.users avoid copying transactions from their history, and to add frequently used addresses to their address book to avoid using any that aren’t specifically whitelisted.

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