MetaMask Alerts Users About Address Poisoning Scam

Using vanity address generators, scammers generate wallet addresses that match the first and last characters of their victims' wallet addresses.

MetaMask Alerts Users About Address Poisoning Scam

MetaMask reports that a new crypto wallet address scam has been taking advantage of user carelessness.

The digital wallet provider MetaMask warned users of an "address poisoning scam." Attackers poison users' transaction histories by sending tokens worth zero dollars to their wallets. Scammers will use wallet addresses generated by vanity address generators that match the first and last characters of their victims' wallet addresses. As a result, unsuspecting users send their funds to the wrong copycat address.

Source: Twitter

The hackers would not have access to user wallets, but users who copy their wallet addresses from their transaction history before sending digital asset balances could send their funds to copycat addresses.

Consequently, the wallet provider advised users to be cautious and double-check their transactions before sending their balances. The firm advised checking each character of the wallet address in order to ensure funds are sent to the correct wallet.

It is also recommended that users refrain from copying wallet addresses from their transaction histories and instead use their address book when transferring digital assets.


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