Sophisticated Address Poisoning Attacks Target Bitcoin Holders

New scams targeting Bitcoin users are using a sophisticated technique called address poisoning to steal funds. This method tricks victims into sending money to malicious addresses that closely resemble their own, typically matching the beginning and end of the transaction history. The attacks have been quietly siphoning millions from unsuspecting users. 📚 Security expert Jameson Lopp highlights this concerning trend in his recent blog post about the escalating use of address poisoning. Lopp’s analysis reveals numerous cases of these attacks, with over 48,000 suspicious transactions recorded as of January 28, 2025.