Part 10/16:
Given the sophistication of these attacks, conventional security measures—like safeguarding seed phrases—are no longer sufficient. Instead, a multi-layered approach emphasizing Vigilance, Verification, and Segregation is vital.
Pillar 1: Extreme Vigilance
Scrutinize Links: Always verify URLs, especially for airdrops or mint sites.
Beware of Urgency: Avoid signing transactions under pressure or time-limited offers.
Question Permissions: Ask whether the smart contract needs unlimited approval; legitimate sites typically allow setting specific limits.
Pillar 2: Active Verification Tools
- Transaction Simulators: Use browser extensions like Wallet Guard or Pocket Universe. They simulate transactions and disclose exact permissions before you sign.