Web3 is extremely safe because it's decentralized, this is a myth that has lingered for long!!

Meet Stella, a novice in crypto Trading and web3 stumbled on a whales wallet address, which had 70% win rate, while practicing what she was taught.

Quite happy with this achievement, she decided monitor the wallet and ape in (copytrade).

Although she was skeptical about this, she did anyways. With her last $75, she aped in and flipped it to $1k, this unexpected win gave her great joy that she announced it to everyone she could.

12am the next morning, Stella's $1k was lost, then she came crying to the public.

Let's find out how from zerion!!!!

Step 1; Starting from within

Analysing Stella's transaction history by copy her wallet address and putting it on zerion.

This would give a concise rundown of all the wallets she's transacted with

This is necessary so as to find any unathorised transfers or transaction, with unfamiliar dApps or wallets.

Step 2; Identify

It one thing to analyse the transaction history, and it's another thing to identify what was initiated by Stella and what wasn't!!

On noticing any suspicious transaction, it's time to explore…

Step 3; Explore with the information that is glaring on your screen.

By tracking the reception address, i.e the address that received Stella's hard earned funds.

But, there's a twist, it's possible that the funds may have been moved to another wallet, but do not be dismayed.

We've got Etherscan, to track the flow of funds from one wallet to the other, there's no escaping because we've come this far😂

Step 4; Undo the permissions for tokens associated with each transaction.

Remember we were finding out how her money went missing and not retrieving it with zerion.

Revoking permissions can be done using the aid of Revoke.cash to cut off access from suspicious dApps to Stella's wallet.

Furthermore, crosscheck if any wallet address from Stella's transaction list has interacted with this wallet, just to be safe.

You might be wondering why zerion?? And I'm saying why not??

When I have a range of things to profit from this platform

Token Swapping at competitive rates

Lending and borrowing DeFi protocols, I can literally earn yields on my assets

NFT management, and tracking valuations through NFT portfolio tracking

On-ramp and Off-ramp services

Cross-chain Functionality, etc

Base ecosystem keeps serving the best onchain platforms, choosing the best gets harder as everyone is on their A-game

I'm geared up to see all I can explore with zerion and you should too.