OKX Web3 wallet now supports managing the full history of authorizations

ChainCatcher news, according to the official announcement, the OKX Web3 wallet has officially launched full historical authorization analysis. It currently supports mainstream networks including Ethereum, OKTC, BNB Chain, Polygon, Avalanche C, Fantom, Optimism, Arbitrum One, Gnosis, and zkSync Era, aiming to help users comprehensively view and manage authorization records and timely prevent risks. Users can view and manage all wallet authorization records by clicking "Authorization" on the OKX Web3 wallet homepage.

It is reported that wallet authorization refers to granting smart contracts access to part or all of the assets in the user's wallet, which helps enhance the security and operational flexibility of on-chain assets. However, smart contracts can also transfer user assets without the user's signature. Additionally, OKX has warned that due to the openness of on-chain contract deployment, phishing contracts occur from time to time, and hackers exploit authorization operations to maliciously charge high Gas fees. Users should confirm whether the estimated Gas fees are abnormal and operate cautiously when initiating or canceling authorizations to avoid unnecessary financial losses. (Source link)