Crypto 101📚 Address Poisoning
Some token contracts accept transfers of 0. Attackers exploit this to leave a record that looks like a transfer out of your address—as if you sent it yourself.
Scammers also send counterfeit tokens with names identical to those of popular stablecoins, making the record look more convincing.
My notes are packed with lessons, and my account is full of tuition fees.
Wallets that frequently send and receive stablecoins, as well as wallets associated with $ETH , are more likely to be targeted by address poisoning.
#ETH
Volatility is high, so size your positions according to your risk tolerance.
Some token contracts accept transfers of 0. Attackers exploit this to leave a record that looks like a transfer out of your address—as if you sent it yourself.
Scammers also send counterfeit tokens with names identical to those of popular stablecoins, making the record look more convincing.
My notes are packed with lessons, and my account is full of tuition fees.
Wallets that frequently send and receive stablecoins, as well as wallets associated with $ETH , are more likely to be targeted by address poisoning.
#ETH
Volatility is high, so size your positions according to your risk tolerance.