{"id":316313,"date":"2023-04-10T22:08:24","date_gmt":"2023-04-10T21:08:24","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=316313"},"modified":"2023-04-11T01:04:52","modified_gmt":"2023-04-11T00:04:52","slug":"ethereum-block-explorer-etherscan-adds-anti-scam-feature","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/ethereum-block-explorer-etherscan-adds-anti-scam-feature\/","title":{"rendered":"Ethereum block explorer Etherscan adds anti-scam feature"},"content":{"rendered":"<p>Etherscan, a block explorer for the Ethereum blockchain, announced on <a href=\"https:\/\/twitter.com\/etherscan\/status\/1645406189692526593\"><strong>April 10<\/strong><\/a> a feature that is designed to prevent users from falling victim to scams.<\/p>\n<h2>Etherscan to hide zero-value transfers<\/h2>\n<p>Etherscan said that, in order to protect users from scams called address poisoning attacks, it will hide zero-value token transfers by default.<\/p>\n<p>While the site previously greyed out zero-value transactions, those transactions are now hidden entirely under the new feature, as seen below.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-316334 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/etherscan2.jpeg\" alt=\"\" width=\"1576\" height=\"865\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/etherscan2.jpeg 1576w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/etherscan2-300x165.jpeg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/etherscan2-1024x562.jpeg 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/etherscan2-768x422.jpeg 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/04\/etherscan2-1536x843.jpeg 1536w\" sizes=\"(max-width: 1576px) 100vw, 1576px\" \/><\/p>\n<p>During an address poisoning attack, a scammer creates a &#8220;spoofed&#8221; address that is nearly identical to one that their target has previously transacted with. The scammer then sends zero-value transfers from the spoofed address to the target's address. The target may confuse the two similar addresses and direct funds to the spoofed address by mistake.<\/p>\n<p>Because this approach depends on user error and is a type of phishing, hiding transactions that contain no value can make the scam far less alluring to its victims.<\/p>\n<p>Etherscan noted that preventing scams in a neutral manner is &#8220;an infinite cat-and-mouse game&#8221; and said that it recognized the value of &#8220;uncensored&#8221; blockchain records. As such, users will be able to toggle the option in settings, it said.<\/p>\n<p>Etherscan already includes other anti-scam features: for example, it flags addresses that are known to be involved in scams and hacks.<\/p>\n<h2>Zero-value attacks increasingly common<\/h2>\n<p>The type of scam in question has gained wider attention in the crypto industry. Two blockchain firms, X-explore and WuBlockchain, estimated that zero-value transfer phishing and related attacks have resulted in <a href=\"https:\/\/mirror.xyz\/x-explore.eth\/joZaFIS5sMSDyNbhXnhh3PeL8jyQ8Qv8we4J-NQQ4Zo\">up to $32 million<\/a> in thefts on Ethereum.<\/p>\n<p>Coinbase, meanwhile, suggested that this type of attack originated in November 2022 and had led to $19 million of thefts on various platforms by <a href=\"https:\/\/www.coinbase.com\/blog\/zero-transfer-phishing-part-1-attack-analysis\">February 2023<\/a>.<\/p>\n<p>The Ethereum-focused wallet Metamask <a href=\"https:\/\/cryptoslate.com\/metamask-warns-of-address-poisoning-wallet-scam\/\">also warned of address poisoning scams<\/a> in January 2023 and provided users with ways to protect themselves.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Etherscan, a block explorer for the Ethereum blockchain, announced on April 10 a feature that is designed to prevent users from falling victim to scams. Etherscan to hide zero-value transfers Etherscan said that, in order to protect users from scams called address poisoning attacks, it will hide zero-value token transfers by default. While the site [&hellip;]<\/p>\n","protected":false},"author":1403,"featured_media":316412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9836],"tags":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ethereum block explorer Etherscan adds anti-scam feature<\/title>\n<meta name=\"description\" content=\"Etherscan, a block explorer for the Ethereum blockchain, has announced a new feature designed to prevent users from falling victim to scams.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/ethereum-block-explorer-etherscan-adds-anti-scam-feature\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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