Dusting Attack
By CoinGecko | Updated on Aug 13, 2021
A new form of malicious activity in which hackers and scammers attempt to undermine the privacy of cryptocurrency users by sending little amounts of money to their wallets. The attackers then track the transactional activity of these wallets, combining several addresses to deanonymize the person or entity behind each wallet.
Related Terms
Mining Reward
The reward resulting from contributing computing resources to process transactions
ERC-721
ERC-721 is one of the most widely used token standards in Ethereum to create non-fungible, exchangeable tokens.
Distributed Ledger Technology (DLT)
Describes the technology that enables distributed ledger.
Hot Wallet
It is a tool that store your cryptocurrencies and always connected to internet
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.