#EthereumSecurityAlert $50M Lost to Address Poisoning: Why Wallet UX Is Now a Critical Attack Surface
A recent $50 million USDT theft on Ethereum has exposed a silent but highly scalable threat that affects both retail users and institutions: address poisoning attacks. This wasn’t a smart-contract exploit or a protocol failure — it was a predictable UX weakness that attackers have learned to industrialize.
In this case, the victim intended to send funds to a familiar wallet. Unknown to them, an attacker had already injected a fake lookalike address into their transaction history using tiny dus