Address Poisoning Hits Hard — Lessons for Crypto Users
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A nearly $50 million loss shows how human error, not system flaws, continues to dominate crypto hacks. In a classic address poisoning attack, a scam address slipped into a user’s transaction history.
The scammer relied on subtle similarity: first 3 and last 4 characters matched. Even experienced wallet users can fall victim, proving that vigilance is as critical as security tools.
Once the funds were stolen, they were split across wallets and partially funneled through Tornado Cash, illustrating the difficulty of tracing large-scale onchain theft.
With 2025 hacks totaling $3.4B, the message is clear: always double-check addresses, even if you think you know the destination by heart.