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Security advisory for users of Web3 network

• Metaverse Insights • 113 views

According to reports, the Web3 network security company Ancilia reminded that if the user has approved any token to trade on 0x6d8981847eb3cc2234179d0f0e72f6b6…

Security advisory for users of Web3 network

According to reports, the Web3 network security company Ancilia reminded that if the user has approved any token to trade on 0x6d8981847eb3cc2234179d0f0e72f6b6b2421a01, please cancel it in time. It has been detected that multiple hackers have taken advantage of the user’s previous approval of 0x6d89. At present, a total of 22060 addresses have been authorized for this address, and hackers have used this vulnerability to make profits of more than 460 BNBs (about $139000), which have been sent to Tornado Cash.

Ancilia: Users who have approved any token to trade at the address beginning with 0x6d89 should cancel it immediately

Interpretation of the news:


Ancilia, a leading Web3 network security company, has issued a security alert for users who have approved any token to trade on 0x6d8981847eb3cc2234179d0f0e72f6b6b2421a01. The advisory urges users to cancel the approval in time, as multiple hackers have exploited user’s previous approval of 0x6d89.

It has been found that a total of 22060 addresses have been authorized to this address, and the hackers have seized this opportunity to make more than 460 BNBs in profits, which have been transferred to Tornado Cash. These hackers are using a technique called “front-running,” which involves monitoring users’ transactions on the Ethereum blockchain and being slightly ahead to gain an advantage.

The vulnerability exploited by these hackers can be prevented if users revoke the approval of any token to trade on 0x6d8981847eb3cc2234179d0f0e72f6b6b2421a01. Therefore, it is highly advisable for users to be cautious of the trading platforms, tokens, and other transactions they approve or sign on the blockchain, as it can lead to the loss of funds.

This security advisory is significant given the increasing popularity of cryptocurrency and blockchain-based transactions. Users need to be aware of the security risks that come with it and must implement proper security measures to prevent any loss of funds on these platforms. Web3 network security companies such as Ancilia have a significant role to play in promoting secure and reliable crypto transactions, thereby boosting user confidence in the technology.

In conclusion, the Web3 network is not without its risks, and users must be vigilant and adhere to the best security practices. The need to revoke any token approved for trading on 0x6d8981847eb3cc2234179d0f0e72f6b6b2421a01 is urgent and requires users’ immediate attention. It is high time users take their security and privacy seriously and take proactive measures to keep their assets safe from these malicious actors.

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