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What is EIP-7702? The Ethereum Upgrade Behind the $6.4B Binance Hack

TLDR — EIP-7702 lets ordinary Ethereum wallets run smart contract code, enabling batched and sponsored transactions.

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

EIP-7702 lets ordinary Ethereum wallets run smart contract code, enabling batched and sponsored transactions. Here's how it works.

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