{"id":678342,"date":"2026-10-30T11:40:20","date_gmt":"2026-10-30T11:40:20","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/10\/30\/eip-7702-didnt-cause-binance-hack-but-may-have-amplified-losses\/"},"modified":"2026-10-30T11:40:20","modified_gmt":"2026-10-30T11:40:20","slug":"eip-7702-didnt-cause-binance-hack-but-may-have-amplified-losses","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/10\/30\/eip-7702-didnt-cause-binance-hack-but-may-have-amplified-losses\/","title":{"rendered":"EIP-7702 didn\u2019t cause Binance hack, but may have amplified losses"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/2026\/10\/01M6602N70GW2FG23Y7A1E55CV\/hi-binance-hack.jpg\" alt=\"EIP-7702 didn\u2019t cause Binance hack, but may have amplified losses\" class=\"type:primaryImage\" \/><\/p>\n<p>Security experts say attackers could have drained Binance\u2019s wallets without EIP-7702, but the Ethereum upgrade may have helped bypass withdrawal safeguards.<\/p>\n<p>Compromised signing systems likely enabled Binance\u2019s $6.3 billion hack, while Ethereum\u2019s EIP-7702 upgrade may have helped attackers bypass security checks, according to blockchain security firm Blockaid.<\/p>\n<p>Attackers could have stolen the funds without EIP-7702, Ido Ben-Natan, Blockaid\u2019s co-founder and CEO, told Cointelegraph on Friday.<\/p>\n<p>\u201cThe 7702 upgrade is a way to do this in one sweep and maybe a way to bypass some sort of checks they may have,\u201d Ben-Natan said, explaining that attackers otherwise would have needed multiple transactions.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/binance-hack-security-ethereum-eip-7702-role\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Security experts say attackers could have drained Binance\u2019s wallets without EIP-7702, but the Ethereum upgrade may have helped bypass withdrawal safeguards. Compromised signing systems likely enabled Binance\u2019s $6.3 billion hack, while Ethereum\u2019s EIP-7702 upgrade may have helped attackers bypass security checks, according to blockchain security firm Blockaid. Attackers could have stolen the funds without EIP-7702, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":678343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-678342","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/678342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=678342"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/678342\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/678343"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=678342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=678342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=678342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}