In a recent study titled “Lost in Blockchain Address Misuse: Hidden Cross-Platform Risks and Their Security Impact,” published by USENIX Security, researchers examined the issue of “Address Misuse.”  

The researchers found 65,340 cases of high-risk address misuse in which approximately 2.5 million transactions were involved. The corresponding losses came to 17,726.7 Binance [BNB] and 126,982.94 Ethereum [ETH].

The researchers calculated address-misuse losses to be worth over $574.8 million. This, in reference to May 2025’s prices of $4,408 per ETH and $847 per BNB.

In this, 49,344 high-risk addresses and approximately 1.6 million transactions were the cause of Contract Account (CA) misuse. This led to losses of 22,738.41…