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

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

Why it matters

Loss events reprice related tokens and counterparties first. Confirm what was taken, what was recovered, and whether a chain or a custodian is in scope.

Automated desk note. Not Dextape reporting.

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Headline and excerpt from Cointelegraph’s public feed. Cointelegraph holds the copyright and publishes the full story; Dextape links to it rather than reprinting it.

Original reporting

Cointelegraph by Helen Partz, Cointelegraph

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