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RE: LeoThread 2025-10-30 20-17

in LeoFinance3 days ago

Part 6/16:

Subsequently, the hacker’s script waited patiently—anywhere from hours to days—before executing the transferFrom function, moving all approved assets to their own wallet. To John and to the blockchain, it was a legitimate transaction because he authorized the approval himself days earlier—an invisible breach.

The Faltering Fortress: Why Protecting Seed Phrases Is No Longer Enough

This emerging attack vector obliterates the traditional security paradigm: “If I control my seed phrase, I control my funds.” No longer is the primary threat a thief breaking into your hardware wallet or fishing for your seed phrase. Instead, the danger lurks inside—in the permissions you unknowingly give when interacting with dApps.