$SOCIAL

Spare a few minutes to read this. 🫵🏻📚 

☆ Token Approval Exploit. 🛡⚔️
In about 15 hours ago, LiFi Protocol raised an emergency alert regarding suspicious transactions leading to the exploit of over $8M worth of crypto across LiFi powered applications. 

Reaping innocent users 📴 their hard earned…

Web3 coach | meme trader | @thedefimetro on X.

2/2 📖 

Take this pro tips:

1. Avoid setting your approval to unlimited when trading/interacting with any DApp. check for the amount of tokens you needed to trade or utilize at that point in time and type them manually. 

Explainer: 2 polygon MATIC needed for a transaction, Metamask asked you to set an approval…

Crypto investing, trading and research…

Thank you for this extensive information. 👍🏻

Agreed! But it's crucial to understand that there's no amount of measures from any project team that could eradicate hacks/exploits completely. 

Don't get this wrong, in some cases; developers/tech personnels aren't the founders, they got hired.

Sometimes, there's a need to safety check, initiate bug champaign, an…

GM, Metro.

I can't emphasize how much i have written about Web3 security on here, i still think it's overlooked both by projects and users. Lost my first lens profile wallet to a hack. More than $300M lost to hacks in the H1 this year. I hope projects and users begin to value Web3 security more.

I totally agree with you. Safety checks and reviews should be put in place for project contracts. Well done, metro 🫡

Hang around for more, and let's keep Phavering 🫱🏻‍🫲🏽


Heyooo My Friend. Airdroppper Hereee

Im Airdropper now and lateragainnn

Weyooo Watsupp Maybroo

Im excited about it

I’m an Architect, a Fashion Designer and i enjoy trading crypto. Feel free to engage my posts.😎🚀

Welcome, mate! Glad you found it helpful 🤞🏻