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Trust Wallet ups scam identification system following Christmas day hack

Trust Wallet adds real-time scam address checks for crypto users
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Trust Wallet, on Tuesday, debuted an “address poisoning protection” feature in a bid to up its user security provisions against the cyber threats looming over the crypto sector. On-chain security firm Chainalysis has estimated that scammers were able to cause losses worth $17 billion to the crypto sector last year, with individual scam payments rising by 253 percent YoY.

The platform, backed by Binance’s Changpeng Zhao (CZ), identified that scammers often steal from unsuspecting individuals through malicious wallet addresses. The newly launched security feature will protect users against initiating transactions to potential high security threat actors.

Now that the feature has been made live, Trust Wallet users will see certain changes on the platform. Every time a sender would paste a wallet address, the platform’s poison protection feature will run a check to identify if the inserted address is legitimate or shady.

It explained that wallet addresses sent by attackers could have a different setting of characters, which could be flagged if checked.

Explaining how the feature would work Trust Wallet said, “For high-severity threats, you’ll see a blocking warning before your transaction is submitted. The warning shows a side-by-side comparison of the address you’re about to send to and the legitimate address it’s mimicking, so you can see exactly what’s wrong.”

The feature has been auto-enabled for all transactions so Trust Wallet users will not have any plugin extra to enable.

If the feature has flagged an address as high security, it will alert the sender. If, however, the sender is a hundred percent sure that it is the address they wish to wire crypto funds to, they will be allowed to do so.

The platform is looking to ensure that its users are fully aware of any wallet address they are engaging with and proceed accordingly, it said in its statement.

At launch, Trust Wallet has added this address poisoning protection support for 32 blockchains including Ethereum, BNB Smart Chain, Polygon, Base, Avalanche, and OKX chain among others.

Launched in 2017, Trust Wallet is a non-custodial wallet that lets users control their private keys and crypto funds. In view of a needed upgrade to crypto security, the platform said it created the address poisoning protection feature.

“Address Poisoning Protection is part of how Trust Wallet takes security seriously — not as a checkbox, but as a core part of what it means to own your assets,” its official statement said. “We’ve built on top of industry security infrastructure to make this detection fast, reliable, and automatic, so protection doesn’t require anything extra from you.”

The debut of this feature comes nearly three months after it was hacked for $7 million on December 25, 2025. While this hack was caused due to a malicious Google Chrome extension, the incident served as an eye-opener for the platform.

Trust Wallet CEO Eowyn Chen had sat for a conversation with Coin Headlines in December last year. At the time, she had noted that in 2026, the platform is looking to explore a stablecoin-only wallet service, which is expected to rope-in institutional users given that stablecoins are becoming popular in the advanced finance landscape internationally.

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