Hayden Adams, the founder of Uniswap, a decentralized exchange (DEX), has alerted the crypto community to a scam leveraging wallet addresses as Ethereum Name Service (ENS) domains.
On Feb. 14, Adams issued a cautionary statement via X, highlighting scammers impersonating his Ethereum wallet. These individuals replicated and registered his wallet address as an ENS wallet with the .eth extension. Consequently, when users paste his wallet address into certain interfaces, an unrelated ENS match may appear as the top search result. This deceptive tactic aims to confuse digital asset senders, potentially causing them to send crypto to the wrong address.
Adams urged user interfaces to implement filters to block such addresses, thereby mitigating potential losses from this scam vector.
Taylor Monahan, founder of Ethereum wallet manager MyCrypto, noted that a similar scam vector was previously utilized during the early days of the MyEtherWallet service. This tactic disrupted registrations and resolutions for names starting with “0x.”
Nick Johnson, the founder and lead developer of ENS, cautioned against autocompleting names in interfaces, citing the danger associated with this practice. He highlighted ENS’s guidelines advising against autocomplete functionality.
Separately, crypto investors reported receiving emails from scammers impersonating major Web3 companies in January. These emails, sent on Jan. 23, promoted fake airdrops under the guise of reputable firms like Cointelegraph, WalletConnect, and Token Terminal.
Investigations revealed that a security breach at the email marketing firm MailerLite facilitated the phishing attack. Hackers executed a social engineering attack, gaining control of Web3 accounts. Nansen’s research estimated that the scammer’s phishing wallet received approximately $3.3 million since the start of the campaign.
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