According to TechFlow TechFlow, on February 10th, Scam Sniffer (@realScamSniffer) reported that approximately 5 hours prior, a user lost $118,785 worth of BUSD on the BSC chain due to signing a malicious "increaseAllowance" transaction. Analysts pointed out that while most users are wary of permit signatures and approve calls, increaseAllowance also poses a security risk, albeit with a less common name.
