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Beware of one more 😱😱 theft methods widespread in the field of digital currencies ⛔

Did you know that anyone can make a transaction from your wallet by knowing only the wallet address and without the need for the wallet secret key or phrase?

There is a type of attack known as Zero Transfer Phishing that is considered one of the worst phishing attacks in the crypto field because of the ease of doing it by the attacker, and the ease of falling into it on the part of the victim.

This attack is currently targeting millions of crypto wallets on different networks. How is this attack carried out? How do you protect yourself from it?

First, there is a function in the Ethereum Virtual Machine (EVM) called transferFrom(). This function allows transactions from your wallet to another wallet via a third party.

This means that a third party, such as a smart contract, can withdraw from your wallet

via this function; Provided that prior approval is obtained from the wallet.

There are many uses for this function, including “Swap” currency exchange transactions across decentralized platforms, as it allows the smart contract to withdraw a balance of X currency from your wallet; In exchange for receiving a balance of Y currency.

This function is used on other networks such as BNB Chain, Tro, and others.

But at the same time; This function allows anyone to make a transaction from another person's wallet without their permission if the transaction amount is 0.

What's the point if the transfer is worthless?

Vanity Address.Poisoning.