Articles
Crypto Market Analysis

Trust Wallet adds real-time scam address checks for crypto users

User Image

Door Anoniem

Gemaakt March 11, 2026|2 minuten leestijd
Main Image

Trust Wallet launched address poisoning protection on 32 EVM chains, adding scam address screening as wallet security pressure intensifies.

Trust Wallet has introduced address-poisoning protection, adding a new screening feature designed to help users avoid sending cryptocurrency to scam wallets that mimic legitimate addresses.

The noncustodial wallet provider said Tuesday that the new feature will automatically run a destination address check against a database of known scam and lookalike addresses to prevent malicious transactions. The rollout initially covers 32 Ethereum Virtual Machine-compatible blockchains, including Ethereum, BNB Smart Chain, Polygon, Optimism, Arbitrum, Avalanche and Base.

Trust Wallet called address poisoning attacks one of the “fastest-growing threats in crypto,” and claimed there have been over 225 million attacks and $500 million in confirmed losses to date.

Address poisoning is a form of phishing in which scammers trick victims into sending crypto to illicit wallets by first sending them small transactions, hoping that unsuspecting investors copy and paste the attacker’s address from their history.

Address poisoning attacks recently cost two investors $62 million in cryptocurrency. One of the victims lost $50 million in USDt (USDT) in December 2025, prompting industry leaders to call on wallets to implement better security measures.

Related: Phantom Chat under scrutiny after $264K address poisoning loss

“All wallets should simply check if a receiving address is a poison address,’ and block the user. This is a blockchain query,” former Binance CEO Changpeng Zhao wrote in a Binance Square blog post on Dec. 24, 2025, adding that wallets shouldn’t display similar spam transactions in the first place.

Beyond spam transaction filtering, cryptocurrency investors need to stop copying wallet addresses from their transaction history, security firm Hacken’s Extractor team recently told Cointelegraph.

Other wallets that offer preemptive transaction filtering tools against malicious transactions include the Rabby Wallet, Zengo Wallet and Phantom Wallet.

Related: French couple forced to hand over $1M in Bitcoin by criminals posing as police

Trust Wallet’s Chrome browser extension was compromised on Dec. 24, 2025, resulting in around $7 million in losses for users. Trust Wallet released a new version of its wallet, which removed the malicious code, and said that user losses will be covered.

Magazine: Meet the onchain crypto detectives fighting crime better than the cops

Source: CoinTelegraph


Andere artikelen die recentelijk zijn gepubliceerd

EUR trading accounts for 1% of Binance spot volume, CryptoQuant says
EUR trading accounts for 1% of Binance spot volume, CryptoQuant says

Trading Strategies

Euro-denominated trading accounts for around 1% of Binance's spot volume, according to CryptoQuant d...

Strategy adds $300M to USD Reserve, acquires 520 BTC
Strategy adds $300M to USD Reserve, acquires 520 BTC

Bitcoin

Michael Saylor’s Strategy boosted its USD Reserve to $1.4 billion and added 520 Bitcoin, funded th...

Social trading platform Fomo raises $75M, reaches $550M valuation
Social trading platform Fomo raises $75M, reaches $550M valuation

Trading Strategies

The Series B round values the social trading and token discovery platform at $550 million as crypto ...

Enso launches RWA app and trading for over 500 tokenized assets
Enso launches RWA app and trading for over 500 tokenized assets

Trading Strategies

Enso launched access to over 500 tokenized assets and US stocks, citing a growing demand for US equi...

Why Google search can be a crypto wallet risk
Why Google search can be a crypto wallet risk

Crypto Market Analysis

Think your wallet is safe? A major crypto risk may start with a Google search and one wrong click.So...

Bitcoin price taps $65.5K as Iran deal sees oil drop toward 16-week low
Bitcoin price taps $65.5K as Iran deal sees oil drop toward 16-week low

Bitcoin

Bitcoin sought a breakout toward a potential BTC price target near $70,000 as Iran news sent oil tow...