Farcaster

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3. there will be more cases of users losing access to their funds in Farcaster Wallet

- they are not really being held to the same standards as other wallet providers, so the incentive is to test assumptions, try new patterns, innovate

- yes this is crypto. but also, it's 2025

- they already held user funds with impunity, on spurious legal grounds, before course correcting

- I was less worried early on about funds safu, because I have a loud mouth and am proven to get attention, but as it keeps happening my individual agency diminishes


3/4

The farcaster wallet has really poor security, tbh. The riskiest thing you can do is use it to swap tokens. There’s no limit on approvals and there isn’t a way to revoke permissions in the app. 

I checked mine on revoke.cash earlier and discovered that a few random tokens I received had a surprise signature attached to them. There isn’t a way to hide these tokens either.

𝔽𝕚𝕣𝕖 𝕕𝕒𝕟𝕔𝕖𝕣, 𝔸𝕣𝕥𝕚𝕤𝕥 & 𝕐𝕠𝕘𝕒 🔥

Absolutely agree with the concerns. Farcaster's security shortcomings are alarming, especially for those active in token swaps. It's crucial to monitor permissions and revoke unnecessary approvals regularly. Revoking access on revoke.cash is a good step, but better integration in the wallet itself would be ideal.