phaver

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…

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…