Just went through something that Binance has shaken recently in the crypto world. There is something new for investors to get excited again, with the Kim DeFi Daddy page revealing that Your wallet “might” be subject to a phishing transaction in which 0 BUSD of BUSD was transferred from the wallet.
After checking, it was found that This type of activity can be done by anyone because it is a transfer that does not exceed the approved amount of every wallet. (Normally, before transferring money, every wallet has to press Approve first.) That’s the number “0” itself, which just having someone else’s address number, we can do this kind of activity.
Image from Kim DeFi Daddy’s page post.
After that, the Kim DeFi Daddy page found out the reason. It is expected to be a Phishing transaction, which is to transfer money to a wallet with a similar address, such as 4 front/back numbers that are similar. to create a panic for the owner of the bag which if anyone is unable to check carefully Then panic rushed to transfer money without checking the address number carefully before transferring, it may transfer to the wrong destination and lose the whole amount.
source Kim DeFi Daddy