Safeheron Alert: WEB3 Project FaceDAO Incurred Loss From Phishing
04/18/2022
By Safeheron Security Team
Disclosed by SlowMist Cos, the wallet managed by FaceDAO has incurred a loss of FACE tokens due to phishing. FaceDAO deployer has been phished to approve sending FACE tokens to the attacker's address.
Safeheron Suggestion
- 1.WEB 3.0 project better use Multi-Party Computation (MPC) to eliminate the single point of failure;
- 2.Operations concerning assets shall be under more risk checking and policy approval protection, to minimize the risks.