Bitcoin Address Poisoning Swiss Switches, Lopp detects Blocki’s vulnerabilities

Jameson Lopp, the Security Council in Bitcoin Casa Casa, noticed the transition to Bitcoin (BTC) Address of poisoning attack.

In an analyst attack, the attacker sends a transaction from a newly booked wallet whose first and last characters correspond to a targeted wallet or wallet that aimed recently communicated.

When the victim later attempts to send funds, they could misremely copy the processing of looks from their history of transactions, directing their money to the hacker.

In his article, Lopp detailed His analysis of Bitcoin Blickcain, noting the following:

The first such transactions did not appear until the block 797570, 7. July 2023, which had 36 such transactions. Then everything was quiet to the block 819455, 12. December 2023, after which we can find regular bursts of these transactions to Block 881172, 28. January 2025. years, then there was a two-month break before they started restarting again.

Jameson Lopp, Chief Safety Officer in Casa

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Increasing the address of resistant fraud

During the 18-month period, he identified about 48,000 transactions that match this form of potential address poisoning form.

Lopp stated at least one probably a successful case in which the victim sent 0.1 BTC to a malicious address and, 12 hours later, she sent another 0.1 BTC into what was probably an intended recipient. He noticed:

That one successful trivarian could easily result in much higher ROI because the address from which the funds were spent almost 8 BTCs.

Jameson Lopp, Chief Safety Officer in Casa

Address poisoning attacks are not limited to Bitcoin. In May 2024. year, Etherum User allegedly lost $ 71 million (in $ 116 million) in a similar attack before negotiating negotiations with hacker, and comparable tactics was identified In Haku Japanese Crypto Exchange DMM Bitcoin.

According to Lopp, these attacks become popular due to current environment with low compensation:

Attacks are the result of the fact that we are in a very small environment. If we had great fees, I think that would greatly destroy people to do a lot of these attacks for dust, unless they came up with other ways to increase their successes.

Jameson Lopp, Chief Safety Officer in Casa

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