evm: News of Alephium (ALPH) - July 2024 Price Update - 7.61% Breakout Crypto News and Analysis

To God be the Glory

Spot the Main Event:

The Alephium's Asset Permission System - A flexible and secure solution for handling asset transfers was introduced .EVM's token approval can be exploited, potentially leading to stolen assets. Each spend needs an approval transaction. This leads to unsafe choices and presents a broken user experience with multiple transaction steps. It ensures that assets flows within smart contracts are predefined at the code level, dictating how they are managed.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.