what is a honeypot crypto

Last Updated on September 30, 2023 by Paganoto

Demystifying Honeypots in Ethereum Smart Contracts

Demystifying Honeypots in Ethereum Smart Contracts

Honeypots are smart contracts that appear to have an obvious flaw in their design, which allows an arbitrary user to drain ether (Ethereum's cryptocurrency) from the contract, given that the user transfers a priori a certain amount of ether to the contract.

What is a honeypot crypto scam and how to spot it?

What is a honeypot crypto scam and how to spot it?

Honeypots are smart contracts that appear to have a design issue that allows an arbitrary user to drain Ether (Ethereum’s native currency) from …

What is a honeypot crypto scam? – The Edge Markets

What is a honeypot crypto scam? – The Edge Markets

Cointelegraph said honeypots are smart contracts that appear to have a design issue that allows an arbitrary user to drain Ether (Ethereum’s …

Demystifying Honeypots in Ethereum Smart Contracts – USENIX

Demystifying Honeypots in Ethereum Smart Contracts – USENIX

by CF Torres · 2019 · Cited by 105 — Instead, they try to lure their victims into traps by deploying seemingly vulnerable contracts that contain hidden traps. This new type of contracts is commonly …

Honeypot Crypto Scams – What are They and How do They …

Honeypot Crypto Scams – What are They and How do They …

The first honeypot crypto scam … The simplest way to understand a complex phenomenon like a honeypot is to analyze a real case. In 2018, a …

What is a honeypot crypto scam and how to spot it?

What is a honeypot crypto scam and how to spot it?

Instead, they aim to trick their victims into falling into traps by sending out contracts that appear to be vulnerable but contain hidden traps.

Clever Ethereum honeypot lets coins come in but won't let …

Clever Ethereum honeypot lets coins come in but won't let …

An interesting new Ethereum-based honeypot has been discovered that essentially allows hackers to steal from hackers.

The Allure of Honeypot Scams, and How to Avoid Them

The Allure of Honeypot Scams, and How to Avoid Them

Honeypot scams are elaborate cyberattacks conducted through decentralized smart contracts. These contracts were originally meant to …

Rugpulls and Honeypots. What they are and how you … – Reddit

Rugpulls and Honeypots. What they are and how you … – Reddit

It’s basically a pot of honey where your money gets stuck and can’t leave. They are often less obvious to the untrained eye and therefor also …

How to spot a honey pot crypto scam – Quora

How to spot a honey pot crypto scam – Quora

In computer security, a honey pot is a special server that looks as if it has several (or lots) of security problems and thus can be easily hacked. In reality, …