SlowMist and ChainCatcher Highlight Potential Risks of Sui Address Confusion With Aptos Transactions
The post SlowMist and ChainCatcher Highlight Potential Risks of Sui Address Confusion With Aptos Transactions appeared on BitcoinEthereumNews.com.
Security firms SlowMist and ChainCatcher have issued critical warnings about the incompatibility of Sui and Aptos blockchain addresses, highlighting significant risks of fund loss due to address confusion. Both blockchains use addresses starting with “0x” and 66 characters in length, which can easily mislead users into sending assets to incompatible networks, resulting in irretrievable losses. According to SlowMist co-founder Yu Xian (Cosine), “Users need to be aware that the private key corresponding to the Sui address cannot derive the same address on Aptos, and they cannot be converted to each other.” SlowMist and ChainCatcher alert users to Sui and Aptos address incompatibility, warning of potential fund loss from mistaken transactions between visually similar blockchain addresses. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Sui and Aptos Address Compatibility Risks: What Users Must Know The recent security alerts from SlowMist and ChainCatcher emphasize a growing concern within the crypto community regarding the address formats of Sui and Aptos blockchains. Both networks utilize addresses beginning with “0x” and spanning 66 characters, creating a high risk of confusion among users. Despite their visual similarity, these addresses are fundamentally incompatible and non-interchangeable. This incompatibility means that sending tokens from one blockchain to the other using these addresses can lead to permanent loss of funds, as the private keys and address derivation mechanisms differ significantly. SlowMist’s security team has urged users to exercise extreme…
