Trust Wallet Adds Address Poisoning Protection Across 32 EVM Chains
Summary
Trust Wallet has implemented a new address-poisoning protection feature designed to safeguard users from sending cryptocurrency to scam wallets that mimic legitimate addresses. This screening feature automatically checks destination addresses against a database of known malicious and lookalike addresses before executing a transaction. The rollout initially supports 32 Ethereum Virtual Machine-compatible blockchains, including Ethereum, BNB Smart Chain, Polygon, and Avalanche. Trust Wallet highlighted address poisoning as a rapidly growing threat, citing over 225 million attacks and $500 million in confirmed losses to date. Address poisoning involves scammers sending small transactions to trick victims into copying and pasting an attacker's address from their history. Other wallets like Rabby, Zengo, and Phantom also offer similar preemptive filtering tools.
(Source:Cointelegraph)