EIP-7702 did not cause the Binance hack but let attackers use 50 signatures from Binance's wallet to drain ETH, experts say

Cointelegraph / Cointelegraph by Helen Partz:

EIP-7702 did not cause the Binance hack but let attackers use 50 signatures from Binance's wallet to drain ETH, experts say

A 2025 Ethereum upgrade that lets ordinary wallets run code was used in the attack, though experts say the flaw was in Binance's own wallet signing, not the protocol.

More: CoinDesk

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