Address poisoning recently cost 2 victims over $62M alone: Scam Sniffer

Analysts have warned that Ethereum’s Fusaka upgrade has made address poisoning cheaper, as malicious actors can carry out dust attacks for very little cost.

Just one victim lost $12.2 million in January by copying the wrong address from their transaction history in an “address poisoning attack,” adding to a similar $50 million attack in December, according to Scam Sniffer.

Address poisoning is when attackers send small transactions, or “dust,” from addresses that look similar to those in the target’s transaction history, hoping the victim will copy the wrong address.

Scam Sniffer added that signature phishing also surged recently, with $6.27 million stolen from 4,741 victims in January, a 207% increase compared to December.

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