{"id":545797,"date":"2023-01-31T08:56:39","date_gmt":"2023-01-31T05:56:39","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/crypto-wallets-combat-scammers-with-transaction-previews-and-blocklists\/"},"modified":"2023-01-31T08:56:39","modified_gmt":"2023-01-31T05:56:39","slug":"crypto-wallets-combat-scammers-with-transaction-previews-and-blocklists","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/crypto-wallets-combat-scammers-with-transaction-previews-and-blocklists\/","title":{"rendered":"# Crypto wallets combat scammers with transaction previews and blocklists"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a264a3acc40c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a264a3acc40c\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-wallets-combat-scammers-with-transaction-previews-and-blocklists\/#%E2%80%9D_Crypto_wallets_combat_scammers_with_transaction_previews_and_blocklists_%E2%80%9C\" >&#8221; Crypto wallets combat scammers with transaction previews and blocklists &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Crypto_wallets_combat_scammers_with_transaction_previews_and_blocklists_%E2%80%9C\"><\/span>&#8221; Crypto wallets combat scammers with transaction previews and blocklists &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-5a4050f8>United States-based crypto exchange Coinbase has become the latest crypto wallet provider to roll out transaction previews and blocklists amid a rise in crypto thefts. <\/p>\n<p>On Jan. 30, the crypto exchange <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coinbase.com\/blog\/making-web3-exploration-more-secure-with-coinbase-wallet\">announced<\/a> it had integrated a new suite of safety features to its wallet <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a> to make it easier for users to spot and take action on potential foul play from scammers.<\/p>\n<p>Such integrations include a transaction preview feature which gives the user an estimation of how users \u201ctoken and NFT balances will change\u201d during a transaction before the confirm button is hit. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/e46549de-c35c-48d8-8b9d-7c96c0b880f4.png\"><figcaption style=\"text-align: center;\"><em>Transaction preview: Coinbase<\/em><\/figcaption><\/figure>\n<p>The firm has also rolled out token approval alerts, which make it clear to the user when a decentralized application dApp is requesting approval to withdraw tokens and nonfungible tokens (NFTs). <\/p>\n<p>Additionally the firm has also introduced new layers of permission management that enable users to revoke dApp connections directly from the app to help minimize \u201cexposure to potential vulnerabilities.\u201d<\/p>\n<p>The crypto exchange joins the ranks of several other crypto wallet providers that have either rolled out or announced similar features aimed at combating crypto scams and phishing attacks, including Solana-based Phantom,\u00a0 Web3 wallet provider Ember and\u00a0Bitski.<\/p>\n<p>Just two days after Moonbirds creator Kevin Rose admitted to losing $1.1 million in NFTs via a targeted phishing attack, Phantom reminded users on Jan. 27 that its wallets are protected with a number of security features which include transaction previews, an open source blocklist, NFT spam reporting and burning. <\/p>\n<p>The firm explained its transaction preview feature: &#8220;when you take an action in Phantom, like minting an NFT, we scan your transaction and proactively find anything that looks fishy. Website looks fishy? You get a warning. Trying to obfuscate code? Warning. Interacting with suspicious tokens? Warning.\u201d<\/p>\n<p>While the open-source blocklist consists of a \u201ccommunity-maintained list of malicious domains\u201d that Phantom blocks users from mistakenly connecting with. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">12\/ We\u2019re proud of the security features we have implemented, but this is only the beginning. <\/p>\n<p>We will continue to work tirelessly to protect our users with best-in-class security features, education, and support to make everyone\u2019s journey through web3 safe, easy, and fun.<\/p>\n<p>\u2014 Phantom (@phantom) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/phantom\/status\/1618637496497369094?ref_src=twsrc%5Etfw\">January 26, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Tweeting on the same day as Phantom, Web3 wallet provider Ember detailed the list of its own security tools. <\/p>\n<p>The list includes translation previews, token and NFT locking to stop assets being drained as part of malicious transactions, and approvaling revoking. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">5\/7) As well, Ember allows you to lock your NFTs and tokens, which disables the ability to send or sell them until they have been unlocked which requires  your authentication to do so <\/p>\n<p>This means that if you do sign a malicious transaction, your locked assets can&#8217;t be drained<\/p>\n<p>\u2014 Ember (@EmberWallet) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/EmberWallet\/status\/1618970267203817472?ref_src=twsrc%5Etfw\">January 27, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>On Jan. 24, Bitski also indicated that it was working on similar integrations via its 2.0 wallet, with product designer Jasmine Xu <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/jasminexu888\/status\/1617747816700596224\">noting<\/a> that this will cover \u201cself custody, dapp browser, transaction simulation previews, notifications about account activity, in-app burner vault, and a bunch more in a few weeks.\u201d <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>5 sneaky tricks crypto phishing scammers used last year: SlowMist<\/em><\/strong><\/p>\n<p>In its most recent blog post, Coinbase said in the coming weeks, the firm will launch a feature so that users can \u201cview and revoke existing token balances.\u201d<\/p>\n<p>These types of features are important for crypto and NFT users, as scammers\/hackers deploy a wide array of tools to hijack transactions and get funds sent to them instead of the originally intended destination.<\/p>\n<p>Popular methods that dupe even experienced users consist of phishing attacks, scam airdrops directing people to click on malicious links and malware. <\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/crypto-wallets-combat-scammers-with-transaction-previews-and-blocklists\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Crypto wallets combat scammers with transaction previews and blocklists &#8220; United States-based crypto exchange Coinbase has become the latest crypto wallet provider to roll out transaction previews and blocklists amid a rise in crypto thefts. On Jan. 30, the crypto exchange announced it had integrated a new suite of safety features to its wallet&#8230;<\/p>\n","protected":false},"author":1,"featured_media":545798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-01\/d8a6a09a-f0d0-4713-bdf0-3ba3d668eeb4.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74956,74880,74879,117,75134],"class_list":["post-545797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-coinbase","tag-transactions","tag-wallet","tag-business","tag-phishing"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/545797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=545797"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/545797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/545798"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=545797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=545797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=545797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}