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Blockchain

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


Key takeaways

  • 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.

  • Users should rotate addresses, use hardware or multisig wallets, whitelist trusted contacts, and leverage…



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