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SecuritySource: Crypto Economy ·

Ethereum’s EIP-7702 Under Scrutiny After $6.4B Binance Hack: What You Need to Know

on October 29, 2026. Forensic analysis firm TRM Labs confirmed that 50 prior authorizations under EIP-7702 were executed on Ethereum to convert the wallet into a draining contract. The standard’s official specification mandates that code delegations require the private signature of the originating account.

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