Blockaid CEO Says $2.5B Binance Wallet Hack May Involve 50 EIP7702 Authorizations
The $2.5B Binance hack may have stemmed from a compromised signature system rather than stolen private keys, according to Blockaid CEO Ido BenNatan. The attacker reportedly bundled 50 EIP7702 authorizations into one transaction to hijack a Binance wallet. Binance has not confirmed the exact method.