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Author Topic: Be cautious when copying wallet addresses  (Read 224 times)
Mrbluntzy
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April 07, 2024, 07:46:08 AM
 #21

You are not the first person to have made this mistake, so many people who were not aware about clipboard virus have also been victims of send their coins to the wrong address, that's why people are advice to properly check and re-check the address they are sending their coins to avoid this kinds of mistake. You already said it, bitcoin transactions can not be reversed back to you once you mistakenly send it to another wallet and the transaction have been confirmed, that is the reason why we even have to be extremely carful.

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cryptoaddictchie
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April 07, 2024, 08:23:49 AM
 #22

Ive seen some cases right here in the community, and people with this issue of the malware that gives a different paste content once they copy the clipboard, could be the script already designed once detected a pattern of the Bitcoin address could be a segwit or legacy address.
Yes Ive seen this happened on my friend but not on bitcoin but on his ronin wallet when he noticed that the address is almost the same but at the end of thr string there some different letter and number which he didnt notice cause from the stsrt the address is almost identical and in the end. The jumble words and number somewhere close at the latter. When he figured he got victim of a malware or virus that change some address. This is quite scary actually cause some might not check his wallet figure by figure.

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April 07, 2024, 10:42:51 AM
 #23

and the good thing is you can review the transaction you made from outside or from any online device if it's your address or if it was a different address right away you can cancel the transaction.
Yes, but one must doube check the address before signing the transaction with the offline device, one cannot just "cancel" the transaction after it has been broadcasted. "Cancelling" means replacing the transaction with another one, if it is RBF'ed, which is called double spending, and then pay a higher fee in the new transaction, but it might be too late and the initial transaction could have already been confirmed.
This is not the solution to your problem. You need to devote more time to the security of your equipment by using antivirus programs. But in any case, your care when sending a transaction will be indispensable if you carefully check the correctness of the address for sending coins.
Antivirus programs are good, but it is not a complete solution to the problem, some of them even steal people's data. Offline storage is a great solution and then attentiveness to double check output addresses.

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April 07, 2024, 01:41:17 PM
 #24

I think that the best precautionary measure someone who is sending Bitcoin from one wallet to another is to double check to confirm if it's actually the correct address that is being sent. It's quite a task to do this but the benefit of being sure that you're not sending to a wrong address is worth the stress, because if your transaction is confirmed, then there's no going back, meaning that the Bitcoin is lost. You'll not know when your phone has been compromised and totally relying on clipboard to paste your accurate wallet address can be quite costly.

GeorgeJohn
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April 07, 2024, 09:50:40 PM
 #25

I don't know why some people find it very difficult to observe their crypto wallet before the copy out to the wallet address and paste to person then want to test it to so for me it is not much problem for someone to cross check and  also take a proper precaution of cryptocurrency investment so I believe that is better for we to understand the system by ourself before we can be able to enter into a problem because I have not seen anything wrong for someone to copy each address wrongly and paste, where I noticed that there is some problems when the come to a platform is all this exchange someone coming to your wallet so when you copy the wallet and you copy the wrong one so it is only exchange a such happen but when you use non custodian wallet I don't think such can happen

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Faisal2202
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April 07, 2024, 10:53:35 PM
 #26

I would suggest using a phone or system you don't usually use to browse the web to hold your coins or better still an Hardware wallet.
I must say you are new to the crypto sphere because this method of stealing money has been in the market for a long time. Many have been affected by it and lost a hell lot of money. I hope you did not lose much. I can't agree more with you on the fact that we should not be lazy and double-check the wallet address especially when the TX is big. I normally double-check the address fully when the tx is big otherwise I only check the last digits.

Oh, I just remembered you did not said, or suggested to check the whole address. as you are new to the field (I assume) I must say, that there is another hack type, in which hackers even have the ability to make addresses that have the same letters as of yours only the first and the last words are the same other words are not. So, people who only check the first and last should also check the full address.

PS: I had forgotten the term that was used for this hack, can anybody recall plz?

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April 07, 2024, 10:56:19 PM
 #27

Exactly. Even dust attack and address poisoning is possible on clean devices. But the one that has been reported led to coin loss is address poisoning as the attacker make use of address similar to the victim's address.
I've read about this before here in the forum, o. This scam, the scammers are relying on the person carelessness to fall victim to their trap. this is why it's important to always double check(as you have mentioned on your previous post) the addresses before making the transaction.

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Dave1
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April 09, 2024, 09:38:04 PM
 #28

I made same post in Altcointalk.
Can't really start writing another different speech so will do well to copy it here.

Quote
I never knew this was possible so usually just copy the address and send without confirming much. Well turns out that was a big mistake on my part. Never knew that clipboard can do such. I don't know if it's a malware, I ended up using an address that wasn't mine and funny holds some units of Bitcoin.

Still confused how something like this could happen,  but try to be cautious and don't feel too lazy to cross check your address before sending or posting. Recall Bitcoin transactions are irreversible after 6 confirmations, once confirmed it's gone. You can tell the wallet address it went to but not the owner. Except they are careless,  which I doubt they are
.


I would suggest using a phone or system you don't usually use to browse the web to hold your coins or better still an Hardware wallet.

Yes, this is the obvious copy and paste malware that has been plaguing us crypto enthusiast for years as we have been a target by criminals criminals by creating this malware and then uses a lot of ways to get to us.

As for the phone or hardware wallet, the latter is the better, it's better design to hold our coins for longer and security is very high as compare to a mobile phone that you don't know might break in the next couple of years.

R


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