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Coin Telegraph

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Image Credit: Coin Telegraph

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

  • Address poisoning attacks in crypto involve tricking users into sending funds to fake addresses.
  • These attacks exploit human error and trust, leading to substantial financial losses.
  • Protect against such attacks by rotating addresses, using hardware wallets, and vigilance.
  • Utilize blockchain analysis tools to detect unusual transfer patterns and report any suspicious activity.

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