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Study finds 65,340 risky crypto addresses on Ethereum and BNB Chain linked to $574.8M losses

Market News
14 Aug 2026
Crypto news
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Bearish
Study finds 65,340 risky crypto addresses on Ethereum and BNB Chain linked to $574.8M losses

A USENIX Security ’26 study uncovered 65,340 high-risk addresses on Ethereum and BNB Smart Chain, linked to estimated losses of 126,982.94 ETH and 17,726.7 BNB, valued at over $574.8 million using fixed token prices. The research identified two new attack methods exploiting contract address creation and delegated account control, causing about $15.7 million in losses. The study analyzed 63,004 GitHub repositories and achieved 99.11% detection precision, though it only covers native tokens and excludes other assets like NFTs. Researchers recommend better wallet warnings, secret management, and clearer documentation to reduce such risks, with plans to expand analysis to more chains and tokens.

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