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ZenGo Warns About Serious Security Flaw In DApp Wallets
Summary: ZenGo, the cryptocurrency wallet provider, has developed a testnet in order to demonstrate a major security flaw prevalent among decentralized application (DApp) wallets. On Monday, ZenGo released and article that highlighted, when authorizing a specific transaction, many DApp wallets actually grant access over all of that particular token stored in the connected wallet. ZenGo stated ...
ZenGo, the cryptocurrency wallet provider, has developed a testnet in order to demonstrate a major security flaw prevalent among decentralized application (DApp) wallets.
On Monday, ZenGo released and article that highlighted, when authorizing a specific transaction, many DApp wallets actually grant access over all of that particular token stored in the connected wallet.
ZenGo stated that “almost every DApp” has the vulnerability, resulting in users unwittingly providing DApp smart contracts full control over their funds.
By Ramsey Baker
Tags: Dapp,flaw,Wallets,Zengo
Link: ZenGo Warns About Serious Security Flaw In DApp Wallets [Copy]
