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Scammers are targeting crypto users with new ‘zero value TransferFrom’ trick

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The trick allows the attacker to confirm zero-value transactions from the victim’s wallet, hijacking the user’s transaction history. Data from Etherscan shows that some crypto scammers are targeting users with a new trick that allows them to confirm a transaction from the victim’s wallet, but without having the victim’s private key. The attack can only be performed for transactions of 0 value. However, it may cause some users to accidentally send tokens to the attacker as a result of cutting and pasting from a hijacked transaction history. Blockchain security firm SlowMist discovered the new technique in December and revealed it in a blog post. Since then, both SafePal and Etherscan have adopted mitigation techniques to limit its effect on users, but some users may still be unaware of its existence. Recently we have received reports from the community of a new type of scam: Zero Transfer Scam. Be careful if you see suspicious 0 transfer in your wallet record: 1/10 — Veronica (@V_...