Latest News and Articles about Address Poisoning
Crypto Hack Losses Plummet 60% to $76M in December 2023, But Threats Persist
Crypto Hack Losses Drop 60% to $76M in December 2023: Threats Still Loom December 2023 marked a surprising turn in the cryptocurrency world as hack-related losses plummeted by 60% to $76 million, down from a hefty $194.2 million in November, according to blockchain security firm PeckShield. While this sharp decline offers a glimmer of hope, […]
Read MoreWang Chun’s 490 BTC Loss and $50M USDT Scam Expose Crypto’s Security Crisis
Wang Chun’s Bitcoin Fiasco and the Relentless Surge of Crypto Scams Wang Chun, co-founder of the Bitcoin mining giant F2Pool, pulled off a jaw-dropping stunt last year by sending 500 BTC to a wallet he suspected was hacked, only to lose 490 BTC to a thief who left just 10 BTC behind as a mocking […]
Read More$50M Crypto Loss: Address Poisoning Scam Exposes Human Error in Bitcoin & Blockchain Security
Address Poisoning Scam: A $50 Million Copy-Paste Blunder Exposes Crypto’s Fragile Human Layer A devastating copy-paste mistake has cost a crypto trader nearly $50 million in USDT, laying bare the ruthless ingenuity of address poisoning scams. Reported by blockchain security firm SlowMist, this gut-wrenching loss serves as a brutal wake-up call: even the most experienced […]
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