Security Tools In Web3.0 That Are Helpful When Interacting with Dapps and Protocols
After the massive Aptos ($APT) airdrops, many of us have been interacting and participating in various dapps, taking part in different testnets and devnet in preparation for a potential airdrop. We have also engaged with various DEXs, protocols, and smart contracts. We need to be security alert because the ecosystem is rife with malicious activity, making it difficult for us to spot false protocols. In today's blog I'll take you on a preview of two security tools in the web3.0 space that are extremely useful yet unpopular.
Walletguard
I recently came across this tool, and it's actually one of the best security tools available in the web3.0 space. Ever since I started interacting and participating in testnets for potential airdrops, this tool has come to my rescue numerous times. It restricts you from interacting with dangerous websites and protects your web browser from any type of malicious activity that could lead to wallet hacks.
How does it function? Download & install the extension from https://walletguard.app, make sure you pin it to your browser so that it notifies you if you visit an unsafe website and alerts you when your wallet extensions need to be updated.
The application additionally provides web3 security updates.
Etherscan TokenApproval
This web3.0 tool allows you to examine and revoke any token approval; perhaps you used a DEX and signed an approval... This puts your wallet at risk because you have authorized the DEX or protocol to access some or all of your tokens; if the DEX is a dubious one, this might be quite harmful.
How can you then cancel approvals? Simply go-to connect your wallet to the token approval checker at https://etherscan.io/tokenapprovalchecker and connect your wallet.
After connecting your wallet you will see a list of all the smart contracts that you have ever given permission to access your wallet. Simply revoke all of the permissions; doing so will cost you a little gas fee. But, it really worth it has you've prevented your wallet from drainage or attack.
I just created this wallet and I haven't approved any dapps/smart contracts so no approved contracts were founded.
If you're into airdrops and you've interacted with different dapps, you can easily revoke all of the interaction with these simple steps. This will definitely save you from any mess or attack.