Trust Wallet launched address poisoning protection on 32 EVM chains, adding scam address screening as wallet security pressure intensifies.
Trust Wallet has introduced address-poisoning protection, adding a new screening feature designed to help users avoid sending cryptocurrency to scam wallets that mimic legitimate addresses.
The noncustodial wallet provider said Tuesday that the new feature will automatically run a destination address check against a database of known scam and lookalike addresses to prevent malicious transactions. The rollout initially covers 32 Ethereum Virtual Machine-compatible blockchains, including Ethereum, BNB Smart Chain, Polygon, Optimism, Arbitrum, Avalanche and Base.
Trust Wallet called address poisoning attacks one of the “fastest-growing threats in crypto,” and claimed there have been over 225 million attacks and $500 million in confirmed losses to date.
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