Risks Behind On-Chain Security Detection: SKHTU Exchange Teaches You to Identify Scams

With the increasing popularity of digital assets and DeFi applications, a growing number of users are paying attention to wallet security, on-chain operational risks, and asset protection. However, some malicious actors are exploiting user trust in “security checks” by designing so-called “on-chain security check” scams. These scams disguise themselves as official inspection tools or security services, inducing users to perform operations that ultimately lead to asset theft. SKHTU Exchange reminds all investors that such scams are highly covert and carry extreme risks, requiring heightened vigilance.

I. Scam Tactics

“On-chain security detection” Scams typically have the following characteristics:

1. Counterfeit Official Security Tools

Scammers create web pages, plugins, or applications that mimic the style of well-known wallets or exchanges, claiming to detect wallet risks, asset security, or transaction anomalies. These tools often feature highly realistic appearances and interaction logic, making it difficult for users to distinguish between genuine and fake versions.

2. Inducement of Signatures or Authorizations

When users utilize so-called “detection tools,” they are typically required to connect their wallets and perform signature operations. Scammers claim this is for “identity verification” or “security detection,” but in reality, the signature operation may grant malicious contracts high-level permissions, allowing assets to be transferred or authorizations to be misused.

3. Covert Asset Theft

Unlike traditional scam, this type of scam appears normal in its early stages, with detection tools still able to display wallet balances and transaction records, thereby increasing user trust. However, in the background, malicious programs have already begun monitoring transactions or recording signature information. Once conditions are met, they may immediately initiate asset transfers.

II. Logical Analysis

Scammers exploit the psychological trust of users in security: upon seeing “on-chain security verification,” users often assume the operation is reliable, thereby lowering their guard. At the same time, on-chain signing and authorization are themselves necessary means of on-chain operations, making it difficult for users to intuitively distinguish the actual permissions of the signed content.

For example, some malicious detection tools use “simulated risk detection” to prompt users with messages such as “the wallet has abnormal operations and requires signature verification.” After the user executes the signature, the malicious contract may directly obtain the NFT, Token, or transaction permissions in the wallet. Even if the user does not actively transfer assets, the signature operation alone may result in the assets being transferred away.

III. Prevention Recommendations

SKHTU Exchange provides the following preventive recommendations:

1. Use Only Official Tools

When downloading or accessing security detection tools, users must strictly select official channels and shall not obtain software through social groups, private messages, or unofficial web pages.

2. Verify Signature Content

Before signing or authorizing on-chain, carefully review the contract permissions in the pop-up window to avoid signing for unrestricted access or operational permissions.

3. Segregated Asset Management

Manage high-value assets separately from daily operational wallets to reduce on-chain operational risks. When participating in tests or using third-party tools, a small-balance wallet may be used.

4. Periodic Review of Authorization

Regularly check authorized contracts through the wallet management interface and revoke unnecessary or suspicious authorizations.

5. Maintain Information Sensitivity

Do not trust “security check links” provided in community groups or private messages. Pay attention to official announcements and project security alerts.

IV. Summary

“On-chain Security Check” scams are a new type of covert scam in the crypto industry. They disguise themselves as authoritative tools to trick users into signing authorizations, thereby stealing assets. SKHTU Exchange reminds investors: For any operation involving wallet connection, on-chain signature, or contract authorization, users must verify the source, understand the permissions, and remain cautious. Enhancing security awareness and strictly following official channels are key to protecting digital asset security.