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Address Poisoning: Why Seven of Forty Characters Were Enough to Divert $2 Million

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A fake wallet address matched the real one in just seven of forty characters and still intercepted 2 million USDC. Our own count of the affected wallet shows that a third of all counterparties in its history belong to such look-alikes.

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Address Poisoning: Why Seven of Forty Characters Were Enough to Divert $2 Million
CryptoTicker 2h ago

Address Poisoning: Why Seven of Forty Characters Were Enough to Divert $2 Million

A fake wallet address matched the real one in just seven of forty characters and still intercepted 2 million USDC. Our own count of the affected wallet shows that a third of all counterparties in its history belong to such look-alikes.