Smart Contract Moves

in crypto •  2 years ago 

Revoke your smart contract approvals ASAP, warns crypto investor

Even seemingly dead projects could reveal some future exploit useful to gain access to your wallet.

Reddit user 4cademy posted their advice to the r/CryptoCurrency subreddit on Jan. 1, noting that they had approved a slew of smart contracts over a two-year period and “thought it was time to check my approved smart contracts.”

They found “nearly all” of their approvals were for “unlimited amounts," which spurred them to revoke approvals for all smart contracts in their wallet as it was “better safe than sorry.”

Smart contracts include Defi, bridges and NFTs.

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  ·  2 years ago  ·  

NFTs ? Weird

  ·  2 years ago  ·  

Insane ! It is going to hurt real bad