🔒 Risk warning from "Unlimited Approvals" on the EVM chain, everyone encounters it when using crypto wallets!

💡 What is Unlimited Approvals?

Unlimited access to your assets is granted to dApps, which is convenient but poses a significant risk if exploited by hackers. 🚨 Real-life examples:

1️⃣ LI.FI Protocol: Hacker exploits a contract vulnerability, draining assets from the authorized wallet.

2️⃣ Radiant Capital: Hacker controls a multi-sig wallet, draining funds from wallets that have granted unlimited permissions. 🛡️ How to protect your assets?

✅ Regularly check permissions.

✅ Revoke permissions with tools like 🔒 Risk warning from "Unlimited Approvals" on the EVM chain!

💡 What is Unlimited Approvals?

Unlimited access to your assets is granted to dApps, which is convenient but poses a significant risk if exploited by hackers. 🚨 Real-life examples:

1️⃣ LI.FI Protocol: Hacker exploits a contract vulnerability, draining assets from the authorized wallet.

2️⃣ Radiant Capital: Hacker controls a multi-sig wallet, draining funds from wallets that have granted unlimited permissions. 🛡️ How to protect your assets?

✅ Regularly check permissions.

✅ Revoke permissions with tools like Revoke.cash

✅ Do not store all assets in a single wallet.

✅ Only grant permissions to trusted dApps. ✅ Do not store all assets in a single wallet.

✅ Only grant permissions to trusted dApps.