ianforbes on Nostr: Remember NFTs? One of their main use cases rn is in approval phishing scams. A fake ...

Remember NFTs?

One of their main use cases rn is in approval phishing scams.

A fake NFT pops up in a target's wallet with some kind of call to action (fear or greed based).

This leads them towards signing a malicious contract.

Click approve and their 'crypto' goes bye bye.

https://www.chainalysis.com/blog/approval-phishing-cryptocurrency-scams-2023/