Safeheron Alert: WEB3 Project FaceDAO Incurred Loss From Phishing
2022-04-18
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. 1.
    WEB 3.0 project better use Multi-Party Computation (MPC) to eliminate the single point of failure;
  2. 2.
    Operations concerning assets shall be under more risk checking and policy approval protection, to minimize the risks.
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