The post ZachXBT Flags Phantom Chat Risk as 3.5 WBTC Is Stolen appeared on BitcoinEthereumNews.com.

TLDR: New Phantom Chat feature expands wallet social tools while unresolved address poisoning risks remain active. ZachXBT linked a recent 3.5 WBTC loss to spam transactions that copied trusted wallet address patterns. Address poisoning exploits wallet history displays and can mislead users during routine transfers. Social wallet features may increase exposure to scams if interface protections remain unchanged.   Phantom has announced plans to launch a new social feature called Phantom Chat in 2026. The update aims to transform the Solana wallet into a messaging and discussion hub.  Soon after the reveal, security concerns surfaced about unresolved wallet vulnerabilities. The warnings focus on address poisoning and the risk of user fund losses. Phantom Chat feature raises address poisoning concerns Wu Blockchain reported that Phantom unveiled Phantom Chat as part of its long-term product roadmap.  Phantom announced the launch of Phantom Chat, positioning it as a new social feature planned for 2026. On-chain investigator ZachXBT warned that the feature could become a new entry point for asset theft, noting that Phantom has yet to address the issue of “address poisoning”. He… — Wu Blockchain (@WuBlockchain) February 10, 2026 The wallet compared its vision to Telegram groups and X communities for crypto discussions. Mockup images showed emoji-based group chats designed for real-time interaction. Phantom already introduced live chat features through its prediction markets integration with Kalshi in December 2025. The new roadmap suggests a broader move toward social tools inside the wallet. The platform currently serves more than 15 million users across its ecosystem. On-chain investigator ZachXBT responded to the announcement, warning about unresolved address-poisoning risks. He stated that Phantom still does not filter spam transactions from user histories. This allows look-alike addresses to appear among legitimate transaction records. According to ZachXBT, one user lost 3.5 WBTC last week after copying the…

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Filed under: News - @ February 10, 2026 5:29 am