“Seriously Dangerous Code”: Hoskinson Warns of EIP-7702 Risks Amid Binance Wallet Exploit
Key Highlights: Charles Hoskinson urged vigilance over ecosystem code tools, referencing a technical reconstruction by analyst CyberSatoshi regarding an automated sweeper attack targeting Binance infrastructure. CyberSatoshi’s analysis revealed the malicious contract maintained exactly 1 ETH to bypass gas-failure alerts and leveraged an address with administrative privileges over an external vault holding $823 million in USDC. ...