A cryptocurrency trader has lost nearly $50 million in USDT after falling victim to an address poisoning scam, a technique that exploits transaction history rather than smart contract flaws. Blockchain security firms said the incident highlights how routine wallet habits can expose users to large-scale losses. In an X post, on-chain analytics firm Lookonchain reported
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Matthew Ruthven is a crypto journalist and blockchain strategist with a passion for exploring the intersection of technology, finance, and decentralized governance. With a background in software development and digital economics, he brings a technical yet accessible approach to analyzing the latest trends in cryptocurrency and Web3 innovation.