PANews October 30 news, according to Cointelegraph, Blockaid CEO Ido Ben-Natan said that today's Binance hack may have originated from a compromised signing system rather than stolen private keys. The attacker allegedly packed 50 EIP-7702 authorizations into a single transaction to hijack Binance wallets. Binance has not yet confirmed the specific attack method.
Blockaid CEO: Binance hack may stem from compromised signing system rather than stolen private keys
Related news
Talis Protocol market contract attacked, approximately 5,700 escrowed NFTs stolen.
PANews November 2 news: Talis Protocol posted a disclosure that on October 31, an attacker exploited a vulnerability in its marketplace and auction contracts on...
What Is EIP-7702? The Ethereum Upgrade Behind the Binance Hack Incident
EIP-7702 allows regular Ethereum wallets to run smart contract code, thereby enabling batch transactions and sponsored transactions (paying Gas fees on behalf o...