Trust Wallet adds real-time scam address checks for crypto users

Trust Wallet launched address poisoning protection on 32 EVM chains, adding scam address screening as wallet security pressure intensifies.
Trust Wallet has introduced address-poisoning protection, adding a new screening feature designed to help users avoid sending cryptocurrency to scam wallets that mimic legitimate addresses.
The noncustodial wallet provider said Tuesday that the new feature will automatically run a destination address check against a database of known scam and lookalike addresses to prevent malicious transactions. The rollout initially covers 32 Ethereum Virtual Machine-compatible blockchains, including Ethereum, BNB Smart Chain, Polygon, Optimism, Arbitrum, Avalanche and Base.
Trust Wallet called address poisoning attacks one of the “fastest-growing threats in crypto,” and claimed there have been over 225 million attacks and $500 million in confirmed losses to date.
Source: Cointelegraph →Related News
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