Ethereum’s EIP-7702 Upgrade Exploited by Coin Theft Gangs
The shift impacts financial security in Ethereum network, particularly for Ether and ERC-20 token holders, increasing dangers through leaked wallet secrets and mnemonic misuse. No technical repair has actually been launched, leaving users cautious over transaction security (Security suggestions for protecting digital assets). Ethereum’s EIP-7702 delegations mirror past DeFi exploits, illustrating how similar patterns of attack complexity and financial impact repeat regardless of evolving security procedures.