Experts say EIP-7702 did not cause Binance hack but may have amplified losses
CRYPTOBinanceredteam/daily · 1 source
- Severity
- High
- Sources
- 1
What happened
Security experts say the Binance wallet drain would have been possible without EIP-7702, the Ethereum upgrade. The upgrade may nonetheless have helped attackers bypass withdrawal safeguards and so increased losses.
For IT people · Written by AI from 1 source · Wrong?
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Written by AI from the sources, checked against them
Full story timeline · 1 update
Who reported · 1 outlet
Cointelegraph (Hacks)
Who and what is in it
Companies