How a single copy-paste mistake cost a user $50M in USDt
A user lost nearly $50 million in USDt after copying a poisoned wallet address from transaction history, showing how subtle address spoofing can trick users.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A user lost nearly $50 million in USDt after copying a poisoned wallet address from transaction history, showing how subtle address spoofing can trick users.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
A Solana wallet tested a fake address with $10, then sent it $30,750
Lookalike payment addresses targeted nearly 4.5 million Solana wallets over 11 months, according to blockchain-data firm Bitquery’...
Solana sandwich bots took $29.7 million before costs, mostly targeting Pump.fun
Sandwich bots extracted about $29.7 million before costs from Solana trades over an 11-month period, according to blockchain data...
Bitcoin slips below $83,000, wiping out nearly $42 million in longs before the US open
Leverage-induced volatility highlights the risks in Bitcoin trading, emphasizing the need for cautious positioning and monitoring...
Bitcoin tops $84,000 and liquidates nearly $83 million in short bets
Bitcoin's surge highlights the volatility and risk in leveraged trading, emphasizing the need for cautious market strategies and r...
XRP Holders Have Now Parked 90 Million Coins in a Single Yield Vault
Doppler Finance’s XRP Vault has crossed 90 million XRP, worth more than $125 million, as holders keep moving idle tokens into yiel...
XRP rebounded as Binance spot turnover fell nearly 80%
XRP futures exposure began rebuilding by October 11 after market-data provider XRPL.to recorded $40.70 million in long liquidation...