HyperPay: HyperPay Security Experience Event Is Live NOW

HyperPay: HyperPay Security Experience Event Is Live NOW

Many crypto security issues like project rug-pull, fake tokens, malicious authorization, unknown airdrop, etc, have always been our concern. And in order to protect the security of users assets, HyperPay 5.0.9 launched the Security Center function, including three security monitoring functions: environmental detection, token security detection, and authorization detection, helping users to quickly discover the risk level of abnormal tokens in the wallet. At the same time, the authorization detection module also provides the function of modifying/canceling authorization, so that the user can cut off the risk link at any time. And to allow more users to familiarize themselves with and use the expert-level security features, HyperPay has launched the following experience activities.

Event Theme: Verify High-Risk Token to Earn!

1,000 USDT (100 winners)

11:00, August 29 – 11:00, September 5(UTC)

Event Content:

Experience the Security Center function in HyperPay 5.0.9 or above →Exprience Security Center function in Web3 Wallet→ find out the high-risk tokens(Users can also detect it by entering the suspicious token contract address in Custom Detection in the APP)→submit the token name/token contract address/screenshot of the corresponding interface with the high-risk alarm indicator in the App/HyperPay on-chain wallet BSC address.

Submit the Google form here: https://forms.gle/e51d3orNXKcGbKMu8

NOTE:

1. Submitted tokens cannot have duplicates, if there are duplicates, the first submitted shall prevail.

2. The top 100 who meet the requirements will share the 1,000USDT bonus, first come, first served.

3. One address can only participate once.

How to find high-risk token in HyperPay APP

1.Open the HyperPay Web3 wallet and enter the Asset home page, risky tokens are marked in the asset list, as well as their risk levels, which are generally risk or high-risk.

2. Click to enter the details page of the token, which shows the token‘s risk level and provides the token’s safety report to view and share.

3.Users can also click Security Center on the Asset homepage, select the token detection tab, and after entering, the security detection on the current wallet token will be performed automatically.

4.Users can click the risk label distinguished by color below the token to view the risk description, click the token to view the detailed detection report, where gives specific detection items and descriptions.

5.The high-risk items of tokens are as follows:

Contracts are not open-sourced: Unsourced token contracts are likely to have malicious functions to defraud their users of their assets.

The contract can be self-destructed: It is used to identify whether the contract can be self-destructed. After the contract is self-destructed, all assets will be cleared, which is extremely dangerous.

High sales tax: Generally, high transaction tax is set to prevent users from trading, which is common in scam tokens.

Targeted tax rate: Targeted tax rate indicates whether the tax rate can be set separately for personal addresses, mostly used by scam tokens. The general operation mode is that the owner sets it to 99% or 100% to prevent transactions.

Not for sale: Whether the token can be sold. It is not recommended to trade scam-type tokens that can only be bought and cannot be sold.

Fake token: Whether the token is a counterfeit currency.

Airdrop scam: The airdrop scam is scammers airdropping junk tokens to users to lure users into buying them.

2. Environment security detection (Android)

1 Every time you open the HyperPay wallet, the environment security detection will be automatically started in the background, and users can intuitively see the security status of the current environment according to the color of the Security Center icon on the Asset home page.

2 A total of 4 items are carried out for environment detection, which are as follows:

Root detection: It is a high-risk item to detect whether the system has been rooted.

Emulator detection: It is a high-risk item to detect whether HyperPay is currently running on the emulator.

UI spoofing detection: It is a general risk item to detect whether there is a risk of UI phishing spoofing in the current environment.

Clipboard detection: It is a general risk item to detect whether the clipboard in the current environment is at risk of monitoring and tampering.

3. Approval detection

1 After entering the security center, select the approval detection tab to detect the token approval status of the current wallet, and you can see which tokens in the wallet are approved for which protocols, the number of approvals, and the approved contracts and whether there is a risk.