Trust Wallet has launched a brand new safety function designed to guard customers from tackle poisoning scams by robotically scanning pockets addresses earlier than transactions are accomplished.
Key Takeaways
- Trust Wallet launched Address Poisoning Protection to detect rip-off and lookalike pockets addresses earlier than funds are despatched.
- The function is out there throughout 32 EVM appropriate networks, together with Ethereum, BNB Chain, Polygon, and Base.
- The device makes use of knowledge from HashDit and Binance Safety to flag suspicious addresses in actual time.
- Address poisoning scams are rising shortly, with over 225 million assaults and about $500 million in losses reported to this point.
What Occurred?
Trust Wallet has rolled out a brand new actual time safety function aimed toward defending customers from a rising crypto rip-off referred to as tackle poisoning. The function robotically checks vacation spot pockets addresses in opposition to a database of suspicious and lookalike addresses earlier than a transaction is accomplished.
The corporate stated the safety is now lively on 32 Ethereum Digital Machine appropriate networks, permitting customers to detect potential scams and keep away from sending funds to malicious wallets.
Address Poisoning? ☠️ Not on our watch anymore 🛡️
Scammers sneak faux lookalikes into your tx historical past.
You copy-paste fast → funds gone.
That rip-off is now lifeless. Replace in the present day: https://t.co/TmDsFSqZRr pic.twitter.com/WMu66vjkPQ
— Trust Wallet (@TrustWallet) March 10, 2026
Trust Wallet Targets a Rising Crypto Menace
Address poisoning is a sort of phishing assault the place scammers try to trick customers into sending cryptocurrency to fraudulent addresses that look just like professional ones. The assault sometimes begins when scammers ship small transactions from spoofed pockets addresses to victims. When customers later copy an tackle from their transaction historical past, they might mistakenly paste the attacker’s tackle as an alternative of the supposed one.
Trust Wallet described this assault technique as one of many quickest rising threats within the crypto ecosystem.
Based on the corporate, there have already been greater than 225 million tackle poisoning makes an attempt, leading to round $500 million in confirmed losses. Safety agency Cyvers has additionally reported detecting over a million tackle poisoning preparations every day on Ethereum alone.
In some circumstances, the monetary impression has been extreme. Two traders lately misplaced a mixed $62 million in cryptocurrency on account of tackle poisoning assaults. One of many victims reportedly misplaced $50 million in USDT in December 2025.
How the New Protection System Works?
The brand new Address Poisoning Protection device robotically scans pockets addresses when a person copies or enters a vacation spot tackle.
The system compares the tackle in opposition to a database of identified rip-off wallets and lookalike addresses utilizing intelligence gathered from HashDit and Binance Safety.
If a suspicious tackle is detected, customers will obtain actual time alerts earlier than finishing the transaction. The function additionally shows a side-by-side comparability that highlights small character variations between addresses to assist customers determine potential fraud.
Trust Wallet CEO Felix Fan defined the reasoning behind the function.
Fan stated:
Trust Wallet stated the brand new safety function works alongside its present Safety Scanner, a transaction degree threat device launched in 2023.
Whereas the Safety Scanner evaluates the complete transaction earlier than affirmation and flags suspicious contracts, malicious decentralized functions, and dangerous token approvals, the brand new function operates earlier within the course of by checking pockets addresses the second they’re entered or copied.
A number of different crypto wallets already supply comparable protections. Wallets comparable to Rabby Wallet, Zengo Wallet, and Phantom Wallet embody transaction filtering instruments designed to detect malicious exercise earlier than customers approve a switch.
Trade leaders have additionally known as for stronger pockets safety. Former Binance CEO Changpeng Zhao beforehand wrote on Binance Sq. that wallets ought to robotically verify whether or not a receiving tackle is a poison tackle and block the person if needed.
Safety Stays a Key Problem for Crypto Adoption
Crypto scams stay a significant situation for the trade. Based on blockchain analytics agency Chainalysis, scammers stole a document $17 billion in cryptocurrency in 2025, fueled partly by new fraud methods and AI-powered impersonation schemes.
Trust Wallet believes enhancing safety instruments is crucial to defending customers and supporting wider crypto adoption. The corporate additionally lately confronted its personal safety incident when its Chrome browser extension was compromised in December 2025, inflicting a number of million {dollars} in losses earlier than the difficulty was fastened.
The pockets supplier says the brand new safety function represents one other step towards creating safer transaction experiences for on a regular basis crypto customers.
CoinLaw’s Takeaway
In my expertise overlaying crypto safety tales, tackle poisoning is likely one of the most underestimated threats within the trade. The assault appears easy, however the outcomes could be devastating as a result of it exploits a small human mistake fairly than a technical vulnerability. I discovered that many traders nonetheless depend on copying pockets addresses from transaction historical past with out double checking the characters.
This new function from Trust Wallet is a great step as a result of it protects customers earlier than the transaction even occurs. If extra wallets undertake automated rip-off detection like this, it might considerably scale back unintentional crypto losses.
