{"id":22770,"date":"2025-04-07T10:23:13","date_gmt":"2025-04-07T07:23:13","guid":{"rendered":"https:\/\/forklog.com\/en\/jameson-lopp-identifies-48000-bitcoin-address-poisonings\/"},"modified":"2025-04-07T10:23:13","modified_gmt":"2025-04-07T07:23:13","slug":"jameson-lopp-identifies-48000-bitcoin-address-poisonings","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/jameson-lopp-identifies-48000-bitcoin-address-poisonings\/","title":{"rendered":"Jameson Lopp Identifies 48,000 Bitcoin Address &#8216;Poisonings&#8217;"},"content":{"rendered":"<p>Since July 2023, 48,000 cryptocurrency address spoofing attacks have been identified on the Bitcoin blockchain. This was <a href=\"https:\/\/blog.lopp.net\/bitcoin-address-poisoning-attacks\/\">reported<\/a> by Casa co-founder and CTO Jameson Lopp.<\/p>\n<p>An example of a successful attack involved a transaction where a user <a href=\"https:\/\/www.blockchain.com\/explorer\/addresses\/btc\/bc1qr9xkxanfstzqpfd5ce0t3evwc45pnmsr2wua0h\">sent<\/a> 0.1 BTC to a scammer&#8217;s address, and then transferred the same amount to the correct address 12 hours later.<\/p>\n<p>According to Lopp, the victim&#8217;s wallet contained 8 BTC, which could have led to significant losses.<\/p>\n<p>In an address &#8216;poisoning&#8217; attack, victims receive small transactions that mimic frequently used wallets. When users copy an address from their transaction history, they might inadvertently send funds to a scammer.<\/p>\n<p>The increase in attacks is facilitated by the low fees in the Bitcoin network, observed since July 2024.<\/p>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"420\" frameborder=\"0\" src=\"https:\/\/www.theblock.co\/data\/on-chain-metrics\/bitcoin\/average-transaction-fee-on-bitcoin-7dma\/embed\" title=\"Average Transaction Fee on Bitcoin (7DMA)\"><\/iframe><\/p>\n<p>Cheap transfers allow attackers to conduct mass attacks with minimal costs. An increase in fees could reduce the frequency of such manipulations, Lopp stated at the MIT Bitcoin Expo.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">LIVE: The MIT Bitcoin Expo 2025 | Day 1 <a href=\"https:\/\/t.co\/EsLt184Z9T\">https:\/\/t.co\/EsLt184Z9T<\/a><\/p>\n<p>\u2014 Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1908513395554607329?ref_src=twsrc%5Etfw\">April 5, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The expert believes the issue can be addressed with wallet alerts. Programs could automatically detect suspicious addresses and warn users before sending funds.<\/p>\n<p>Back on February 26, 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>On March 19, Cyvers analysts <a href=\"https:\/\/forklog.com\/en\/news\/crypto-address-poisoning-nets-hackers-1-2-million-in-three-weeks\">reported<\/a> that since the beginning of the month, victims of cryptocurrency address spoofing scams had voluntarily sent over $1.2 million to fraudsters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since July 2023, 48,000 cryptocurrency address spoofing attacks have been identified on the Bitcoin blockchain. This was reported by Casa co-founder and CTO Jameson Lopp. An example of a successful attack involved a transaction where a user sent 0.1 BTC to a scammer&#8217;s address, and then transferred the same amount to the correct address 12 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22769,"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":[44,936,1246],"class_list":["post-22770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cybercrime","tag-jameson-lopp","tag-scammers"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22770","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=22770"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22770\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/22769"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=22770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=22770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=22770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}