What is EIP-7702? The Ethereum Upgrade Behind the $6.4B Binance Hack
Explainer on EIP-7702, which lets ordinary wallets run contract code and is tied to the Binance hack story.
Summary written by AI. Read the source before acting on anything.
Explainer on EIP-7702, which lets ordinary wallets run contract code and is tied to the Binance hack story.
Summary written by AI. Read the source before acting on anything.
The top five, plus AI agents doing real things on-chain, at 6:30 a.m. Central. Free.
Records show delegated code on Binance 14 could move its own assets and control another wallet, a key clue in the suspected hack; how the permission was obtained is unknown.
Binance reports a security incident with unauthorized withdrawals estimated at $6.3 billion.
Polymarket users were drained via a compromised third-party monitoring script, with at least $800k reported stolen; Polymarket halted trading.
On-chain analysis: a 544,000 BTC move in 200 sweeps on Nov 22, 2025 was Coinbase's wallet migration, not new buyers.