$50 Million Gone in ONE Hour! 🚨 CZ Demands Industry-Wide Blacklist to Kill Crypto Scams.
Binance founder Changpeng "CZ" Zhao is sounding the alarm after a devastating address poisoning attack cost one victim $50 million in a single hour. CZ believes a unified approach – real-time blacklist queries across all chains – is the key to eradicating these attacks.
The scam exploits deceptively similar wallet addresses, tricking users into sending funds to the wrong place. Binance already provides alerts, but CZ argues industry-wide collaboration is crucial. A collective blacklist, maintained by security alliances, could filter malicious transactions and protect users.
The rise of AI 🤖 is only making these scams more sophisticated, capable of replicating security features. A united front from developers is now more vital than ever to safeguard the future of $BTC and the wider crypto space.
#CryptoSecurity #AddressPoisoning #Binance #CZ 🛡️
