{"id":11416,"date":"2023-04-10T23:02:08","date_gmt":"2023-04-10T23:02:08","guid":{"rendered":"http:\/\/cryptoheretostay.com\/?p=11416"},"modified":"2023-04-10T23:02:09","modified_gmt":"2023-04-10T23:02:09","slug":"ethereum-block-explorer-etherscan-adds-anti-scam-feature","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=11416","title":{"rendered":"Ethereum block explorer Etherscan adds anti-scam feature"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<\/p>\n<p>Etherscan, a block explorer for the Ethereum blockchain, announced on <strong>April 10<\/strong> 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>\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&#8217;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 up to $32 million 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 February 2023.<\/p>\n<p>The Ethereum-focused wallet Metamask also warned of address poisoning scams in January 2023 and provided users with ways to protect themselves.<\/p>\n<p>The post Ethereum block explorer Etherscan adds anti-scam feature appeared first on CryptoSlate.<\/p>\n<p><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cryptoslate.com\/ethereum-block-explorer-etherscan-adds-anti-scam-feature\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/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":1,"featured_media":11417,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[3],"tags":[],"class_list":["post-11416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/11416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11416"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/11416\/revisions"}],"predecessor-version":[{"id":11418,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/11416\/revisions\/11418"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/11417"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}