Address poisoning attack resulted in $12.4 million in cryptocurrency losses
AiCoin|Feb 02, 2026 08:32
An address poisoning attack resulted in a loss of $12.4 million in cryptocurrency, with victims sending funds to forged similar addresses. On chain data shows that the victim's wallet has been active for over 5 years and has held significant positions in Compound, indicating that they are experienced users. The attacker inserts a forged address into the transaction record through a small transfer, and the victim then copies the address from the record, resulting in the funds being transferred to the attacker's account. (Cointelegraph)
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