MetaMask Warns of New Scam

Software wallet provider MetaMask is seeing a new kind of crypto wallet address fraud that is taking advantage of users' carelessness.

In its announcement on Twitter, MetaMask warned users about "infected address fraud." This scam involves a tactic where attackers "poison" the transaction history by sending zero-value tokens to their victims' wallets.

Fraudsters use wallet addresses from random address generators that match the first and last characters of the victim's wallet address. By doing so, they can trick unsuspecting users into sending their funds to the wrong imitation address.

While this scam will not allow hackers access to users' wallets, there is a possibility that people who have got into the habit of copying their wallet address from their transaction history before sending digital assets could potentially send their funds to the scammers' addresses.

Users should pay close attention before sending their money. MetaMask also stressed that it is best to double-check all characters of the recipient's address to ensure the funds arrive where they're supposed to.

Among other things, the firm recommended that users stop copying wallet addresses from their transaction history and instead use an address book when sending their funds.