NFT lending market

On March 15th, Arcade.xyz, the decentralized NFT lending market, tweeted that after a security alert from BlockSec, a vulnerability involving the approval of remaining tokens was found in the old contract, which is currently not being used in the agreement. The team has contacted 10 affected users and recommended that they revoke their permissions. Arcade.xyz in the NFT lending market has discovered a security vulnerability in old contracts and has reminded affected users to revoke their permissions Analysis based on this information:Arcade.xyz, a decentralized NFT lending market, recently encountered a security alert from BlockSec regarding a vulnerability in the approval of remaining tokens in their old contract. The team has assured the public that they are currently not using this agreement, but ten affected users have been contacted and recommended to revoke their permissions. The BlockSec security alert highlights the grave importance of having comprehensive security measures in place in modern-day digital markets. It also shows how even a seemingly…