727 FinancePANews October 30 news, SlowMist founder Cos posted that the Binance hacker chose the EIP-7702 mechanism on Ethereum only to facilitate the batch sweeping of tokens from Binance-related hot wallets. On-chain, the hacker's operations were very crude, and they even conducted several hours of rehearsal preparation before the actual theft. Cos emphasized that the EIP-7702 mechanism itself has no problem; even without this mechanism, the hacker could have carried out the attack in other ways.
SlowMist Cosine: The EIP-7702 mechanism itself is not the problem; the Binance hacker merely used it to facilitate batch token theft.
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