Phantom unveils chat for 2026, but a sneaky gremlin called address poisoning is nibbling wallets. One user jiggled away 3.5 WBTC last week. ZachXBT warns the wallet isn’t fixing the mischief.
Phantom’s grand plan for a chatty future in 2026 sounds dazzling, like a jellybean railway in a candy-colored sky. But lurking in the hedges is a dreadful little rascal-the address poisoning gremlin-that makes wallets whimper and wallets’ owners blink in bewilderment.
Phantom teased a shiny new feature on X, bragging that 2024 would bring Telegram, 2025 would bring X communities, and 2026 would bring PHANTOM CHAT. Oh, it sounded deliciously dramatic, like a chapter out of a very loud book. And then-the sparkle faded a touch, because the goblin was still at work.
2024: Telegram
2025: X communities
2026: PHANTOM CHAT
– Phantom
Source: Phantom
People did clap and cheer at the hush-hush spectacle of new social features. But not everyone was charmed. One keen-eyed security professor wasn’t amused; his eyebrows did a little staircase dance.
Your Wallet’s Biggest Threat Right Now
ZachXBT didn’t mince words. The on-chain sleuth gave Phantom a gentle, yet pointed, poke: there’s “a new method for people to get drained.” He added a firm plea: please consider fixing address poisoning first.
So a new method for people to get drained.
Please consider fixing address poisoning first.
A victim lost 3.5 WBTC last week since your UI still does not filter out spam txns; users accidentally copied the wrong address from recent transactions.
– ZachXBT
Source: Zachxbt
A victim out there lost 3.5 WBTC last week-a hefty tumble for anyone clutching crypto. The theft sneaked in through address poisoning, ZachXBT explained.
The poor soul copied what looked like their own address. It wasn’t. The UI failed to filter the spammy little transactions, leaving a sly misdirection in plain sight.
How This Scam Actually Works
Address poisoning is a sly, chattering ghost. Scammers fling tiny coins into your wallet, and those crumbs stitch together fake addresses into your history.
The fake addresses appear real at first glance. The first characters may match yours, and sometimes the last ones do too.
You glance at the history later, spot what seems to be your own address, and copy it without checking the middle bit.
Funds vanish into the scammers’ pockets, and by the time you notice, they’re already gone. There’s no magic rewind to fix it.
ZachXBT laid out the breadcrumb trail publicly: the stolen funds landed at address 0x85cBe4af7167887839f27A759EED03E7Af11D8f6; the transaction hash was 0x9f0fc3cd380fcde7cd7f0b1d8a646021841b211b784ac00c8ed9d4e267a647a4.
Phantom’s UI still shows these spammy little transactions. That’s the heart of the problem ZachXBT is waving a red flag at-people can’t tell real from fake very easily.
Stop Getting Poisoned – Do This Now
Don’t copy addresses from your transaction history. Use your address book or saved contacts. Double-check every single character before you press send.
Verify the entire address, not just the start. The middle characters matter just as much. One wrong letter and your coins go tangoing off to scammers.
Send tiny test amounts first. Wait for confirmation before you send bigger bundles. It costs a few extra fees, but saves fortunes in the end.
Use hardware wallets when you can. They show full addresses on the device, making the verification easier and safer.
Some wallets filter spam transactions automatically. Phantom doesn’t seem to yet. That’s exactly what ZachXBT is shouting about from the rooftops.
The researcher thinks Chat might be a tad premature right now. Security issues need tucking away before new features hop into the spotlight-especially when folks are losing Bitcoin week after week.
Phantom hasn’t rushed to reply to ZachXBT’s critique yet. They’ll probably address it soon, though. Community pressure in the crypto space tends to bundle up like a raincloud and burst with action fast.
Address poisoning attacks aren’t shrinking. They’re growing like mischief in a beanstalk, and more wallets need sharper spam filtering. Until then, users must stay alert, sharp as a fox, and ready to dodge the goblin’s tricks.
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2026-02-10 20:46