First, what is address poisoning, and why does it fool people?
Checking only the first and last few characters of an address won’t protect you from address poisoning, because it’s not hard to generate an address with the same beginning and ending.
Address poisoning is when scammers generate a lookalike address with the same beginning and ending as an address you commonly use, then slip it into your transaction history.
Before making a payment, check the entire address. Don’t just check the beginning and end—make sure the middle characters match too.
Wallets that frequently transfer stablecoins, as well as the wallet at $ETH , are more likely to be targeted by address poisoning.
#ETH
Checking only the first and last few characters of an address won’t protect you from address poisoning, because it’s not hard to generate an address with the same beginning and ending.
Address poisoning is when scammers generate a lookalike address with the same beginning and ending as an address you commonly use, then slip it into your transaction history.
Before making a payment, check the entire address. Don’t just check the beginning and end—make sure the middle characters match too.
Wallets that frequently transfer stablecoins, as well as the wallet at $ETH , are more likely to be targeted by address poisoning.
#ETH