RT @dmihal: Today's Bancor attack seems like the first major exploit of ERC20 approvals (white hat attack, but still). I've said it before, but the approval system is a fundamental design flaw with ERC20, and we're now seeing the consequences of this flaw. 1/ https://t.co/8Rd0gQ50qM

Today's Bancor attack seems like the first major exploit of ERC20 approvals (white hat attack, but still).

I've said it before, but the approval system is a fundamental design flaw with ERC20, and we're now seeing the consequences of this flaw.

1/ https://t.co/8Rd0gQ50qM

— David Mihal (@dmihal) June 18, 2020

from Twitter https://twitter.com/CoyotlCompany

June 18, 2020 at 10:48AM
via IFTTT