Hackers Can Copy your Ethereum Addresses and Receive Cryptocurrency for You

Hackers Can Copy your Ethereum Addresses and Receive Cryptocurrency for You


Cyber security experts warn about a method that is becoming popular to steal cryptocurrencies. It consists of copying Ethereum addresses to generate confusion for those who send transactions with ether (ETH), the network's native cryptocurrency, or the thousands of tokens created in it.

Hayden Adams, founder of the largest decentralized exchange on Ethereum, Uniswap, warned on his X account about the matter. “It's the first time I've seen this scam, so I'm sharing it to warn you,” he began his post.

He then comments that the scammers' methodology consists of acquiring Ethereum domains , which are readable identifiers for Ethereum addresses that end in .eth. For example, an ENS to receive cryptocurrencies could be publish0x.eth.

However, what criminals do is copy a particular Ethereum address—made up of alphanumeric codes of considerable length—and register it as ENS . Thus, they would get a domain similar to [Ethereum address].eth.

What happens then is that, when copying the address in a transaction, the first result in some interfaces is the ENS, and not the address to which the shipment is intended. "It's important for interfaces to filter this out," Adams says.

Copy address Ethereum.

 

 

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Blockchain Development
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