Binance Hack Shows How One Ethereum Permission Drained $2.5 Billion
TL;DR Binance hack reveals an attacker reportedly used Ethereum’s EIP-7702 authorization characteristic to empty roughly $2.5 billion from Binance’s Ethereum sizzling pockets. The attacker gained the flexibility to maneuver funds with out repeatedly requesting particular person transaction approvals. The incident varieties a part of a wider Binance safety breach estimated at $6.3 billion. Binance suffered…