• About Us
  • Jobs
  • Contact
  • Login
  • Register
Crypto Mufasa
  • General News
  • Beginner Guides
  • Bitcoin News
  • Ethereum News
  • Altcoin News
  • NFT News
  • Web Stories
  • Work With Us
No Result
View All Result
  • General News
  • Beginner Guides
  • Bitcoin News
  • Ethereum News
  • Altcoin News
  • NFT News
  • Web Stories
  • Work With Us
No Result
View All Result
Crypto Mufasa
No Result
View All Result
ADVERTISEMENT
Home General News

Scam Alert: MetaMask Warns Cryptocurrency Users Regarding “Address Poisoning”

Hania by Hania
January 13, 2023
in General News
Reading Time: 2 mins read
A A
0
Airdrop Scam Alert: Arbitrum Community Warns Against Fake Arbitrum Airdrops
Tweet

In Brief:

  • Related articles
  • Airdrop Scam Alert: Arbitrum Community Warns Against Fake Arbitrum Airdrops
  • Sam Bankman-Fried Pleas The Court To Provide His Legal Bills Reimbursement Top Priority

The first and last characters of the wallet address of their victim will be matched by the fraudsters, who will use wallet addresses created by vanity address generators.

The MetaMask team has noticed a spike in a new crypto wallet address scam that attempts to benefit from user negligence.

Related articles

Airdrop Scam Alert: Arbitrum Community Warns Against Fake Arbitrum Airdrops

Airdrop Scam Alert: Arbitrum Community Warns Against Fake Arbitrum Airdrops

March 20, 2023
FTX Bahamas co-CEO Ryan Salame blew the whistle on FTX/Sam Bankman-Fried scandal

Sam Bankman-Fried Pleas The Court To Provide His Legal Bills Reimbursement Top Priority

March 16, 2023

Digital wallet provider MetaMask issued a warning about an “address poisoning scam” in which fraudsters “poison” users’ transaction history by giving them tokens with no value to their wallets.

Scam Alert: MetaMask Warns Cryptocurrency Users Regarding "Address Poisoning"

The first and last characters of the wallet address of their victim will be matched by the scammers, who will use wallet addresses created by vanity address generators. Unaware users send their money to a false copycat address as a result of this.

A new scam called 'Address Poisoning' is on the rise. Here's how it works: after you send a normal transaction, the scammer sends a $0 token txn, 'poisoning' the txn history. (1/3)

— MetaMask Support (@MetaMaskSupport) January 11, 2023

Regardless of whether the attempt will prohibit the hackers from accessing user wallets, those who may have developed the habit of copying their wallet address from the transaction history prior to transferring digital asset balances could potentially send their money to copycat addresses.

The wallet provider advised users to always take precautions and to confirm their transactions before transferring their funds. The company emphasized that, in order to verify that the funds are transferred to the right wallet, it would be essential to carefully review each and every character of the wallet address.

In addition, the company advised customers to send digital assets using their address book rather than copying wallet addresses from their transaction history.

Also Read:

Crypto Scams! Alert! Robocallers Are Now Attacking Your Cryptocurrency

Scam Projects and How to Identify Them

Tags: BLOCKCHAINcrypto newscrypto scamDeFidigital assets
Tweet47Share76ShareSendPin17ShareSend
ADVERTISEMENT
Hania

Hania

Hania is a 30-year-old blogger who used to be a teacher before entering the world of writing. She is originally from India and has been writing blogs on various topics for 2 years now. Hania is particularly interested in exploring the intersections of finance, technology, and cryptocurrency. Her experience as a teacher has given her unique insights into the ways in which digital media can be used to facilitate learning and engagement. Through her writing, Hania hopes to share her knowledge and learning of crypto industry with everyone.

Related Posts

Airdrop Scam Alert: Arbitrum Community Warns Against Fake Arbitrum Airdrops
General News

Airdrop Scam Alert: Arbitrum Community Warns Against Fake Arbitrum Airdrops

March 20, 2023
FTX Bahamas co-CEO Ryan Salame blew the whistle on FTX/Sam Bankman-Fried scandal
Business

Sam Bankman-Fried Pleas The Court To Provide His Legal Bills Reimbursement Top Priority

March 16, 2023
Euler Finance
Altcoin News

Euler Finance’s Bold Offer to Hacker: Keep $20M or Risk Prosecution

March 15, 2023
Bitcoin Hits $28k As Unpredictability Surrounds Banks
General News

Silicon Valley Bank Collapse Might Trigger A Run On US Regional Banks

March 14, 2023
Breaking_ New York regulators have closed Crypto-Friendly Signature Bank, claiming _systemic risk_
Regulation

Breaking: New York Regulators Have Closed Crypto-Friendly Signature Bank, Claiming “Systemic Risk”

March 13, 2023
Breaking_ New York regulators have closed Crypto-Friendly Signature Bank, claiming _systemic risk_
General News

Hedera Exploit: Smart Contract Code Targeted by Attackers

March 10, 2023
Crypto Market Distances Itself From Silvergate, Will It Follow In FTX's Footsteps_
General News

Silvergate The Crypto-Friendly Bank Shuts Down, The Latest Victim Of 2022’s Crypto Turmoil

March 9, 2023
Crypto Market Distances Itself From Silvergate, Will It Follow In FTX's Footsteps_
General News

Crypto Market Distances Itself From Silvergate, Will It Follow In FTX’s Footsteps?

March 3, 2023
Robinhood Crypto Trading Under SEC Investigation
General News

Regulatory Concerns: SEC Subpoenas Robinhood Over Crypto Operations

February 28, 2023
Load More
  • Trending
  • Comments
  • Latest
OKX: An all-in-one trading platform that supports cryptos, derivatives, staking, and lending

OKX: An All-in-one Trading Platform That Supports Cryptos, Derivatives, Staking, And Lending

December 27, 2022
Airdrop Scam Alert: Arbitrum Community Warns Against Fake Arbitrum Airdrops

Scam Alert: This Email Can Drain Your Crypto and NFT Wallet

January 21, 2023
Crypto Airdrops: Are They Really Safe? "The Ultimate Guide"

 A Step-By-Step Guide To Understand Arbitrum’s (ARB) Token Airdrop

March 17, 2023
HappyMiner

Earn Passive Income Cloud Mining With HappyMiner

March 19, 2023
Bitcoin ATM Rise Or Fall: In Less Than 60 Days, More Than 400 Machines Went Offline

Bitcoin ATM: How to use them?

1
All You Need To Know about Defi (Decentralized Finance)

All You Need To Know About DeFi (Decentralized Finance)

1
Robinhood enables the Web3 Wallet beta accessible to 10,000 users

Robinhood enables the Web3 Wallet beta accessible to 10,000 users

1
Mastercard Introduces a New Tool to Prevent Crypto Fraud

Mastercard Introduces a New Tool to Prevent Crypto Fraud

1
Crypto.com Will Be Laying Off 20% Of Its Workforce In 2023

Crypto.com Is One Step Closer To Obtaining An Operating License In Dubai 

March 20, 2023
Airdrop Scam Alert: Arbitrum Community Warns Against Fake Arbitrum Airdrops

Airdrop Scam Alert: Arbitrum Community Warns Against Fake Arbitrum Airdrops

March 20, 2023
Bitcoin ATMs Manufacturer Has Shut Down Its Cloud Service Following The Hacking Of Its Users 

Bitcoin ATMs Manufacturer Has Shut Down Its Cloud Service Following The Hacking Of Its Users 

March 20, 2023
Bitcoin’s Best January In 10 Years, With A 39.6% Gain For The Month

Bitcoin Hits $28k As Unpredictability Surrounds Banks

March 20, 2023
Crypto Mufasa

© 2022-2023 CryptoMufasa.com
All Rights Reserved!

Navigate Site

  • Contact
  • Terms Of Service
  • Privacy Policy
  • Crypto Prices
  • Crypto Exchanges
  • Work With Us

Follow Us

No Result
View All Result
  • General News
  • Beginner Guides
  • Bitcoin News
  • Ethereum News
  • Altcoin News
  • NFT News
  • Web Stories
  • Work With Us

© 2022-2023 CryptoMufasa.com
All Rights Reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In