Ethereum Community Foundation Urges Full Address Display to Prevent Phishing Attacks

According to PANews, the Ethereum Community Foundation has responded to the '50 million USDT phishing attack' incident by urging the immediate cessation of using truncated addresses with ellipses (e.g., 0xbaf4b1aF...B6495F8b5). The foundation emphasized that address information should be fully displayed to avoid unnecessary risks associated with hiding parts of the address. Additionally, some UI options provided by certain wallets and block explorers pose security issues, which can be resolved. The phishing incident involved an attacker generating an address with identical first and last three characters, leading victims to mistakenly transfer 50 million USDT to the attacker's similar-looking address.