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Crypto wallet address poisoning scams cause $100K+ losses, exploiting users copying addresses from history.

Market News
13 Aug 2026
AMBCrypto
View Source
Bearish
Crypto wallet address poisoning scams cause $100K+ losses, exploiting users copying addresses from history.

A crypto user lost over $100,000 in USDT after falling victim to a wallet address poisoning scam, where attackers create fake addresses resembling legitimate ones and insert them into transaction histories. This tactic tricks users who copy-paste addresses without verifying, leading to significant financial losses. The attacker quickly converted the stolen USDT to Ethereum to avoid freezing by Tether. Address poisoning scams are rising sharply, with total Ethereum-related losses reaching $62 million between late 2025 and early 2026. Users are advised to double-check addresses, avoid copying from transaction history, perform test transactions, and use tools to detect fake addresses to protect their funds.

More News

Ledger Flex devices may be affected in a hardware wallet tampering case linked to reseller CryptoBilis.

Ledger Flex devices may be affected in a hardware wallet tampering case linked to reseller CryptoBilis.

A security incident involving Ledger hardware wallets has expanded beyond the Ledger Nano X to include the Ledger Flex device. The issue is linked to tampering through CryptoBilis, a reseller in Southeast Asia, according to SlowMist founder Cosine. L...

Market News
Bearish
4 hours ago
Cyprium Metals advances Nifty copper restart with strong heap leach results and key infrastructure milestones.

Cyprium Metals advances Nifty copper restart with strong heap leach results and key infrastructure milestones.

Cyprium Metals is progressing well with restarting copper production at its Nifty Copper Complex in Western Australia. Early commissioning of its direct injection heap leaching operation has met or exceeded expectations, showing strong copper recover...

Market News
Bullish
4 hours ago
OpenAI boosts GPT-6.1 Sol context length to 500,000 tokens, drops long-context fees for subscribers

OpenAI boosts GPT-6.1 Sol context length to 500,000 tokens, drops long-context fees for subscribers

OpenAI has increased the default context length of its GPT-6.1 Sol model to 500,000 tokens from 272,000, enhancing its ability to handle longer inputs and complex tasks. The maximum context window can reach up to 1,050,000 tokens, with users able to ...

Protocol Fundamentals
Bullish
4 hours ago
Avalanche's AVAX jumps nearly 50% in a month, beating Bitcoin and Ether after a major upgrade and real-world asset growth.

Avalanche's AVAX jumps nearly 50% in a month, beating Bitcoin and Ether after a major upgrade and real-world asset growth.

Avalanche's native token AVAX surged about 49.7% over four weeks, outperforming Bitcoin and Ether. This rise followed the Helicon mainnet upgrade on September 22, which boosted performance and shortened staking periods, alongside a significant $266 m...

Protocol Fundamentals
Bullish
4 hours ago
Avalanche (AVAX) jumps nearly 50% in four weeks, beating Bitcoin and Ether gains.

Avalanche (AVAX) jumps nearly 50% in four weeks, beating Bitcoin and Ether gains.

Avalanche (AVAX) has surged nearly 50% over the past four weeks, outperforming major cryptocurrencies Bitcoin (BTC) and Ether (ETH) during the same period. This strong performance highlights growing investor interest in AVAX compared to the more esta...

Market News
Bullish
4 hours ago
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