Ethereum Community Foundation responds to 50 million hacker incident: Full addresses should be displayed, stop truncating with ellipses

According to TechFlow, on December 21, in response to the "50 million USDT phishing attack" incident, the Ethereum Community Foundation posted on X, stating that the practice of truncating addresses with dots (such as 0xbaf4b1aF...B6495F8b5) should be stopped immediately. Address information needs to be displayed in full, as hiding the middle part of an address introduces unnecessary risks. Moreover, some UI options currently provided by certain wallets and block explorers also present security issues, all of which can actually be resolved.

It is reported that in this incident, the phisher previously generated an address with the same first and last three characters. The victim, without carefully checking the copied address, transferred 50 million USDT to the similar address generated by the phisher.