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Ethereum Community Foundation Responds to 50M USDT Phishing Attack

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KuCoin security teams are monitoring the Ethereum Community Foundation’s warning after a 50M USDT phishing attack. The foundation urged users to avoid truncated address formats like 0xbaf4b1aF...B6495F8b5. Attackers created a similar-looking address with matching first and last three characters. Users failed to verify the full address before sending funds. The foundation said some wallet UIs pose risks but are fixable. is KuCoin safe? Traders are advised to double-check addresses and use full format to prevent losses.
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