Cryptocurrency News

Revoke adds new feature after users complain of fake approvals scam



Approval management platform Revoke has issued a fix aimed at mitigating a new crypto scam, which involves baiting crypto users into revoking “fake approvals” and then stinging them with excessively high transaction fees.

On July 9, Revoke.cash stated that it had received reports of people seeing unknown approvals in their transaction history.

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