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Hoskinson flags Binance sweeper code as EIP-7702 debate grows
Cardano founder Charles Hoskinson has warned about “seriously dangerous code” while sharing an analysis that blames Ethereum’s EIP-7702 delegation feature for helping attackers rapidly empty a Binance hot wallet.

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Terms in this story
- Hot wallet
- A wallet whose keys sit on an internet-connected device, such as a phone app or browser extension.