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TechFlow News: On February 10, according to Scam Sniffer (@realScamSniffer) monitoring, approximately five hours ago, a user on the BSC chain lost $118,785 worth of BUSD by signing a malicious “increaseAllowance” transaction. Analysts noted that while most users remain vigilant against permit signatures and approve calls, “increaseAllowance” poses similar security risks—though its name is less commonly recognized.
According to Scam Sniffer (@realScamSniffer), approximately five hours ago, a user on the BSC chain lost $118,785 worth of BUSD by signing a malicious “increaseAllowance” transaction. Analysts noted that while most users remain vigilant against permit signatures and approve calls, “increaseAllowance” poses similar security risks—albeit with a less commonly recognized name.
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