Security· ★★★· bearish·

Ethereum wallet sven.eth loses $22.7K in EIP-7702 delegation attack

  • —Losses totaled 9.1231 ETH (~$22,770) and 1.69271471 TAPEETH
  • —Wallet 0xd8ba...4a28 delegated execution to contract 0x0366...60d1
  • —Attacker wallet 0x9208...20bc initiated the type-4 transaction
  • —Malicious delegation remained active at Ethereum block 26,188,153
Why it matters: EIP-7702 lets attackers drain wallets without stealing private keys — a signed authorization alone is enough, raising risks for all Ethereum EOAs.
Source: The Crypto Times