#网络钓鱼与欺诈 Seeing this 50 million USDT phishing case, my mind immediately flashed back to the various scams I've seen over the past decade. Early exchange hacks in 2014, ICO scams in 2017, Yield farming flash loan attacks in 2020... Each cycle brings new tricks, but fundamentally they all exploit human negligence.



The reason why "address poisoning" this time succeeded precisely exposes the industry's most fatal weakness—the contradiction between convenience and security. The ellipsis truncating the address (0xbaf4...B6495F8b) looks friendly, reducing cognitive load, but it is this "friendliness" that relaxes people's vigilance. Phishers only need to generate addresses with the same start and end, making them appear completely normal in victims' transaction records.

I experienced the madness of 2017 when everyone was blindly chasing highs, and no one truly cared about security protocols. Now we are in a more mature stage, yet ironically, we are taking detours in UI design. This is quite ironic. The Ethereum Foundation's call is correct—displaying full address information may seem cumbersome, but it is the most basic form of self-protection.

History repeatedly shows us that every convenience hides risks. It's not a technical issue, but a matter of our attitude towards details.
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