Binance Hacker Used a Self-Destruct Mechanism to Erase Traces, Teng Says. Co-CEO Richard Teng says the attacker used EIP-7702 to gain on-chain execution approval over a hot…
Original source excerpt
Binance Hacker Used a Self-Destruct Mechanism to Erase Traces, Teng Says. Co-CEO Richard Teng says the attacker used EIP-7702 to gain on-chain execution approval over a hot wallet, a delegation that …
Binance Hacker Used a Self-Destruct Mechanism to Erase Traces, Teng Says. Co-CEO Richard Teng says the attacker used EIP-7702 to gain on-chain execution approval over a hot wallet, a delegation that bypassed Binance's normal approval controls. Binance is rebuilding its withdrawal service and plans a full Proof of Reserves report by Monday.
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