Trust Wallet Launches Real-Time Scam Address Detection to Safeguard User Assets

Trust Wallet has recently introduced an address poisoning protection feature, adding a real-time screening mechanism to help users identify and avoid cryptocurrency wallet addresses that appear similar but are actually malicious. This type of attack, known as "Address Poisoning," is listed by Trust Wallet as one of the fastest-growing threats in the crypto space. According to platform statistics, more than 225 million such attacks have occurred globally to date, resulting in at least $500 million in confirmed losses.

Trust Wallet launches address poisoning protection feature. Source: Trust Wallet In recent years, address poisoning attacks have become increasingly frequent. Attackers inject fake addresses into users' transaction history, inducing them to mistakenly transfer funds. For example, a malicious transaction of up to $50 million was completed by disguising the address 0xcB8, which can be verified on Etherscan.

A $50 million address poisoning transaction, target wallet 0xcB8. Source: Etherscan.io Security firm Hacken's Extractor team points out that simply relying on transaction spam filtering is no longer sufficient to address the current risks. Users should avoid directly copying addresses from historical transactions and should manually verify or use trusted address verification tools. Currently, in addition to Trust Wallet, major wallets such as Rabby Wallet, Zengo Wallet, and Phantom Wallet have also integrated similar risk interception functions to jointly improve industry security levels.