Binance’s security experts have developed an “antidote” against the increasing threat of address poisoning scams, which trick investors into sending funds to fraudulent addresses. The security team at the world’s largest cryptocurrency exchange created an algorithm that has detected millions of poisoned crypto addresses, as reported to Cointelegraph: “We have developed a unique method of identifying poisoned addresses, which helps us to alert users before they send money to criminals and was instrumental in identifying and flagging more than 13.4 million spoofed addresses on BNB Smart Chain and 1.68 million on Ethereum.” Address poisoning, also known as address spoofing, involves
