#Web3 security incidents are now happening with increasing frequency, and everyone could be the next victim. Here is a #web3 security guide for users.
1) Double check the project’s official website. In 2020, many phishing websites disguised themselves as @Uniswap and appeared on the page of @Google search result, causing property loss to some users.
To some extent, @Google searches are untrustworthy; you should develop the habit to use well-known cryptocurrency data aggregator like @CoinMarketCap, @coingecko, etc. In a word, don't rely on the search result only.
2) Don't put all your eggs into one basket. If you have a large sum of money on the wallet, be sure to register a cold wallet that is separated from the Internet. When you need to send #tokens, you can use QRCode, Bluetooth and other safer methods.
An experienced user of #defi, #nft or #gamefi, should prepare a wallet with necessary assets only.
3) Clear up your approve regularly. Approve attack is the most common way in #web3. Users interact with #dapps every day and need to approve each action, making this sort of attack hard to prevent. Regular removal of approve can prevent such risk.
You can do this with tools like Token Approvals, Revoke.cash, etc.
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#NFT domain name has endless possibilities. I am glad to see @unstoppableweb has made exploration and innovation in this direction.
1) @unstoppableweb was launched in 2019 and provides digital identity solution based on #NFT domain names. Users can buy multiple domain names including .crypto,. NFT, .x, .dao and .bitcoin. in @unstoppableweb.
In addition to replacing the long wallet address with a simple and easy word, #NFT domain names of @unstoppableweb can also be used to create decentralized websites. As of September 11, the websites created through @unstoppableweb Domains have reached to around 30,000.
While #NFT liquidity is drying up and market sentiment is low, #ENS domains have seen a surge in transaction volume under such dire circumstances. Why?
1) @1confirmation cofounder Nick Tomaino changed his Twitter name to 1492.eth last month and explained why #ENS is the perfect #NFT collection:
Widely accessible minting that offers creative freedom to anyone who wants in; Exclusive collections (10k club) within that command a big premium; Useful beyond speculation (can be a wallet addy or website).