Binance Attacker Used EIP-7702 to Bypass Wallet Controls, Teng Says
AI summary
Binance is rebuilding its withdrawal service after a breach it estimates at $6.3 billion, according to Teng. The attacker reportedly used EIP-7702 to bypass wallet controls and destroyed tools and traces during the intrusion. A breach of this scale at the largest exchange raises concerns about custody security and could pressure BNB and broader market confidence.
Narrative history
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1H AGOYou’re reading thisBinance Attacker Used EIP-7702 to Bypass Wallet Controls, Teng SaysThe Defiant · Score 85
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2H AGODecrypt · Score 55 · via EIP-7702, EIP-7702
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2H AGOCoinDesk · Score 55 · via $6.3B Binance, $6.3B
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3H AGOCointelegraph · Score 85 · via $6.3B hack, $6.3B
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4H AGOCointelegraph · Score 55 · via hack losses, $5B
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4H AGOcrypto.news · Score 85 · via $6.3B, hack
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5H AGOCrypto Briefing · Score 75 · via $6.3B, reserves $6.3B
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5H AGOCoinDesk · Score 85 · via Binance hack, hack
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6H AGOThe Defiant · Score 55 · via withdrawals stay, withdrawals
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6H AGOCointelegraph · Score 55 · via EIP-7702, EIP-7702
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7H AGOUnchained · Score 82 · via North Korea, TRM
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7H AGODecrypt · Score 85 · via Teng, one-click
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7H AGOThe Defiant · Score 72 · via Binance Breach, Withdrawals
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8H AGOThe Defiant · Score 72 · via withdrawals stay, withdrawals
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10H AGOcrypto.news · Score 92 · via Binance hack, $6.3B
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11H AGOCointelegraph · Score 72 · via North Korea, North
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11H AGOCryptoSlate · Score 85 · via TRM, TRM Labs
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11H AGOU.Today · Score 85 · via Withdrawals, $6.3B Hack
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12H AGOThe Defiant · Score 82 · via $6.4B Binance, $6.4B
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12H AGOThe Defiant · Score 85 · via Binance hack, hack
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12H AGOThe Defiant · Score 72 · via $6.3B, estimates $6.3B
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13H AGOCoinDesk · Score 88 · via Binance hack, $6.3B Binance
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13H AGOCryptoPotato · Score 90 · via $6.3B, pledges cover
