I just came across several phishing link cases and got scared, so I quickly went to check the address labels. To be honest, there are more and more on-chain profiling tools now, but you really can’t fully trust address labels—some have been contaminated, some are old labels that haven’t been updated, and some deliberately mix garbage transactions into clean addresses to launder them. Clustering algorithms also have blind spots: you can spot some hints from the flow of funds, but if you claim you can use this to judge 100% who the other party is, I think that’s doubtful.

The one thing that seems genuinely real is the hardware wallet shortage—people’s security awareness has improved, but relying on tools alone without common sense still won’t work. That’s all for now; anyway, I’m used to cross-checking several times before making a call.