Beware the Dusting Attack That Endangers The Privacy of Blockchain Transactions

Written by CryptoLixin | Published 2020/02/27
Tech Story Tags: bitcoin-privacy | cyber-security | social-engineering-attacks | phishing-attacks | targeted-attack | cyber-attack | hackernoon-top-story | blockchain-top-story

TLDR A dusting attack involves sprinkling crypto wallets with minuscule amounts of crypto to connect multiple addresses to a single owner. Dusting attacks are relatively new and nobody has really been able to say for sure what the exact motives behind them are. The goal is to eventually be able to link the dusted addresses and wallets to their respective companies or individuals. However, we’ve yet to see strong enough evidence that dusting attacks have succeeded in disrupting the way exchanges are viewing coins as tainted.via the TL;DR App

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Written by CryptoLixin | CEO of @KeystoneWallet. Formerly the creator of @CoboVault. Helping you protect your bitcoin.
Published by HackerNoon on 2020/02/27