#WalletConnect Diaries – Episode 1
#Satoshi_Speaks @WalletConnect
In late 2023, a trader known as CryptoSeeker posted his near-miss experience with a phishing scam on Reddit. He had been trading low-cap tokens via a new DApp when a network error kept blocking his approvals. Frustrated, he asked for help in a Telegram group. Within minutes, someone claiming to be support DMed him, asking him to “verify his wallet connection” through a custom link.
He clicked it.
The site mimicked the real thing — same layout, same branding. But when the @WalletConnect prompt popped up, it displayed unusual permissions: access to sign multiple smart contracts and permission to move tokens across chains. That was the red flag.
“I almost hit confirm,” he wrote, “but something felt off about how many permissions it was asking for. I backed out.”
A double-check revealed it was a lookalike domain, and not the real @WalletConnect session from the DApp he had opened. The scam had almost worked — until WalletConnect’s transparent session request showed him what was really happening.
Therefore, as #BinanceSquareFamily , always exercise some extra level of caution when engaging third party DApps.
