Crypto Trader Don Loss $1.7 Million for ’Address/Transaction Record Poisoning‘ Scam, E Still Show Wettin Dey Happen for Risks and Security Gaps
One crypto trader don fall victim to one correct scam wey dem dey call ‘address poisoning’ or ‘transaction record poisoning,’ e make dem lose whole $1.7 million. First, the trader lose $100,000 USDC after dem carry copy one fake address from im transaction records wey the bad people dem customize to resemble real contacts. Later, the same trader mistakenly send another $1.7 million to another bad address, because dem no confirm the full address of the person wey dem dey send to. The scammers dey use di wahala for wallet interface by making fake transaction records with addresses wey be like the real one, to make people send money go their own hand. This scam show say crypto wallets still get serious security wahala, user mistakes, plus the increase of phishing and social engineering attack for digital asset world. Crypto traders make dem dey check wallet addresses well well, use address books, confirm transactions with small test sends, and use tools wey fit detect scam to reduce risk. People need to dey extra careful and use new security solutions as scammers dey get more sharp. This scam affect transaction for both USDC and DAI.
Neutral
Dis incident dey show say cryptocurrency transaction security still get plenty weakness, e dey shine light on how phishing and social engineering scam dem dey increase for market. Even though the direct thief involve USDC and DAI, e no mean say the whole market go shake or price go move because just one person loss, especially as dem usually no dey affect liquidity or market fundamentals. But the news fit make traders more careful, make dem dey follow better security practices pass before, and fit make wallet providers improve their interface security. Social engineering wahala like dis still dey remind us say make we dey watch body well well, but unless dis kain scam widespread reach to spoil market confidence, the price effect for affected cryptocurrencies fit remain neutral for both short and long term.