New Ethereum Draft Proposal Would Allow Wallets to Permanently Disable EIP-7702 Delegation
Key Highlights A newly proposed Ethereum standard outlines a permanent opt-out mechanism to prevent externally owned accounts from enabling EIP-7702 code delegation. The draft specification follows a high-profile exchange security incident, during which Binance co-CEO Richard Teng confirmed that an attacker bypassed standard controls via EIP-7702 delegation to drain massive reserves. Complementary technical proposals by ...