Jameson Lopp sounds alarm on Bitcoin address poisoning attacks - 'Coin Telegraph' News Summary (United States) | BEAMSTART
Lopp's warning highlights the emerging cybersecurity exploits and fraudulent schemes plaguing the industry. Related: Crypto exploit, scam losses drop to $28.8M in March after February spikeAddress poisoning scams and exploits claim billions in stolen user fundsAccording to cybersecurity firm Cyvers, over $1.2 million was stolen through address poisoning attacks in March 2025.
Jameson Lopp, the chief security officer at Bitcoin (BTC) custody company Casa, sounded the alarm on Bitcoin address poisoning attacks, a social engineering scam that uses similar addresses from a victim's transaction history to fool them into sending funds to the malicious address.
Lopp analyzed the Bitcoin blockchain history for this type of attack and found:"The first such transactions did not appear until block 797570, July 7, 2023, which had 36 such transactions.
Cointelegraph by Vince Quill
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