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EIP-7702 didn’t cause Binance hack, but may have amplified losses

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TLDR — Security experts say attackers could have drained Binance’s wallets without EIP-7702, but the Ethereum upgrade may have helped bypass withdrawal safeguards.

Signal data▼ Bearishconfidence 90%High materiality
AssetEventprotocol-upgradeEvent timeAttention0 readers/hrNormalSmart readers0

Security experts say attackers could have drained Binance’s wallets without EIP-7702, but the Ethereum upgrade may have helped bypass withdrawal safeguards.

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