SlowMist: EIP-7702 is not to blame for Binance hack, attacker just used it to sweep funds
- —Yu Xian: attacker chose EIP-7702 to bulk-drain tokens from Binance hot wallets
- —On-chain activity was sloppy; the hacker rehearsed for hours before the theft
- —SlowMist: EIP-7702 has no vulnerability and the attack was possible without it
Why it matters: The statement shifts blame away from the EIP-7702 standard and points to key compromise as the root cause of the Binance breach.
Source: PANews