What exactly does that “approval” that pops up before swapping on a DEX allow?
If the contract you approved has a vulnerability or is itself a phishing contract, the corresponding tokens in your address could be transferred out.
Every so often, use the authorization-check feature built into a block explorer to review your approvals, and promptly revoke any you no longer need.
Coin mentioned in the topic: $ETH quoted at 2510.96, 24h -0.79%.
Have you ever misunderstood this before?
#ETH
If the contract you approved has a vulnerability or is itself a phishing contract, the corresponding tokens in your address could be transferred out.
Every so often, use the authorization-check feature built into a block explorer to review your approvals, and promptly revoke any you no longer need.
Coin mentioned in the topic: $ETH quoted at 2510.96, 24h -0.79%.
Have you ever misunderstood this before?
#ETH