Two crypto wallets lost roughly $187,000 after leaving token approvals from 2024 in place, according to Odaily Planet Daily. The first loss involved SYN worth $124,000: the approval was signed in February 2024, the funds arrived on August 30, and they were moved out about 25 hours later. The second involved 62,489 USDC: the approval was signed in July 2024, the funds arrived on August 27, and they were transferred away roughly four days later. Additional details, including the wallets involved, were not disclosed.
Two crypto wallets got drained for about $187,000 after the owners failed to revoke token approvals they had signed in 2024, Odaily Planet Daily reported.
$124,000 in SYN
The first hit was SYN valued at $124,000. That approval had been signed in February 2024. The funds came in on August 30. Then, about 25 hours later, they were moved out.
62,489 USDC
The second hit was 62,489 USDC. The approval was signed in July 2024. The funds arrived on August 27. Roughly four days later, they were transferred away.
Source: Odaily Planet Daily
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.