{"id":22235,"date":"2025-03-19T18:55:52","date_gmt":"2025-03-19T16:55:52","guid":{"rendered":"https:\/\/forklog.com\/en\/crypto-address-poisoning-nets-hackers-1-2-million-in-three-weeks\/"},"modified":"2025-03-19T18:55:52","modified_gmt":"2025-03-19T16:55:52","slug":"crypto-address-poisoning-nets-hackers-1-2-million-in-three-weeks","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/crypto-address-poisoning-nets-hackers-1-2-million-in-three-weeks\/","title":{"rendered":"Crypto Address &#8216;Poisoning&#8217; Nets Hackers $1.2 Million in Three Weeks"},"content":{"rendered":"<p>Since the beginning of March, victims of cryptocurrency address spoofing scams have voluntarily sent over $1.2 million to fraudsters. This was reported by analysts from Cyvers.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">?Alert?Our AI-powered threat detection system has identified a sharp increase in <a href=\"https:\/\/twitter.com\/hashtag\/addresspoisoning?src=hash&#038;ref_src=twsrc%5Etfw\">#addresspoisoning<\/a> attacks. <\/p>\n<p>Since the beginning of March 2025, over $1.2M has been unknowingly sent to scammer-controlled addresses.<\/p>\n<p>? How does Address Poisoning work?<br \/>Attackers send small\u2026 <a href=\"https:\/\/t.co\/yppeJGq6n7\">pic.twitter.com\/yppeJGq6n7<\/a><\/p>\n<p>\u2014 ? Cyvers Alerts ? (@CyversAlerts) <a href=\"https:\/\/twitter.com\/CyversAlerts\/status\/1902290117013991847?ref_src=twsrc%5Etfw\">March 19, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cVictims receive small transactions that mimic frequently used wallet addresses. When users copy an address from their transaction history, they may inadvertently send funds to a scammer,\u201d experts explained.<\/p>\n<\/blockquote>\n<p>Cyvers CEO Deddy Lavid, in comments to <a href=\"https:\/\/cointelegraph.com\/news\/address-poisoning-scams-cost-crypto-users-1-2m-march-2025\">Cointelegraph<\/a>, pointed to an increase in such incidents. He cited the growing sophistication of fraudsters and the lack of security measures before transactions as primary reasons.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cUnlike traditional fraud detection methods, many wallets and platforms lack real-time pre-transaction checks that could flag suspicious addresses before funds are sent,\u201d he added.<\/p>\n<\/blockquote>\n<p>In late February, a user lost <a href=\"https:\/\/forklog.com\/en\/news\/user-loses-over-760000-due-to-address-poisoning\">over $760,000<\/a> in a single transaction due to address &#8216;poisoning&#8217;.<\/p>\n<p>In May 2024, the cryptocurrency exchange Binance <a href=\"https:\/\/forklog.com\/en\/news\/binance-unveils-solution-to-spoofing-scam\">introduced<\/a> a mechanism to combat this type of scam. The algorithm detects fake addresses by first identifying suspicious transfers, such as transactions with near-zero value or low-value tokens.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since the beginning of March, victims of cryptocurrency address spoofing scams have voluntarily sent over $1.2 million to fraudsters. This was reported by analysts from Cyvers. ?Alert?Our AI-powered threat detection system has identified a sharp increase in #addresspoisoning attacks. Since the beginning of March 2025, over $1.2M has been unknowingly sent to scammer-controlled addresses. ? [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22234,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[44,1246],"class_list":["post-22235","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cybercrime","tag-scammers"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=22235"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22235\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/22234"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=22235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=22235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=22235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}