I only learned this the hard way after losing money.
Phishing sites often set the authorization amount to the maximum and the expiration date far into the future. Once you sign, you’re effectively handing over the right to use those tokens.
Many people think signatures that don’t cost Gas can’t affect their assets. Off-chain authorization signatures exploit exactly this misconception.
At the current price: $ETH is quoted at 2316.71, up 1.35% in 24h.
Have you run into any traps like this? Share your experiences to help others avoid the same pitfalls.
Phishing sites often set the authorization amount to the maximum and the expiration date far into the future. Once you sign, you’re effectively handing over the right to use those tokens.
Many people think signatures that don’t cost Gas can’t affect their assets. Off-chain authorization signatures exploit exactly this misconception.
At the current price: $ETH is quoted at 2316.71, up 1.35% in 24h.
Have you run into any traps like this? Share your experiences to help others avoid the same pitfalls.
