Ethereum Community Foundation responds to 50 million USDT phishing attack: Full address disclosure can reduce risk.

In response to the "50 million USDT phishing attack," the Ethereum Community Foundation issued a statement on the X platform, stating that the practice of truncating addresses with dots (such as 0xbaf4b1aF...B6495F8b5) should be stopped immediately. Address information needs to be displayed in its entirety; hiding the middle part of the address creates unnecessary risks. Furthermore, some UI options provided by certain wallets and block explorers currently have security vulnerabilities, which are all solvable. Reportedly, the phishing attackers generated an address with the first and last three digits identical. The victim, without carefully checking the copied address, transferred 50 million USDT to the similar address generated by the phishing attackers.