Crypto wallet firm MetaMask has warned users of an “address poisoning” scam, where cybercriminals send tokens valued at $0 USD to user wallets.
Metamask wrote in a blog post news of the concern on Thursday. In it, the company alerted its users and the global crypto community about what to know and how to protect against the growing trend.
Scammers later use wallet addresses from address generators, matching characters at the beginning and end of the target’s address. Careless users later send funds to the copycat addresses.
Overlooking the details of an address can lead to lost funds, with people losing their key crypto in the ongoing scam.
In its tweet, Metamask recommended adding ENS domains to wallet addresses, which uses the .eth domain suffix.
It said in a statement: “Another solution that eradicates this attack is putting an ENS domain to your address, with a .eth domain (ENS) it is not necessary to check all the hexadecimals, bob.eth or Alice.eth will always be bob.eth and Alice.eth, scammers have the days counted by this method”
It added users should always double-check transactions and the full addresses of their wallet addresses to avoid wallet poisoning scams.
