Binance CoCEO Says Hacker Used EIP-7702 SelfDestruct to Erase Traces
Binance CoCEO Richard Teng says an attacker used EIP-7702 to gain onchain execution approval over a hot wallet, bypassing Binance normal approval controls, and a selfdestruct mechanism to erase traces. Binance is rebuilding its withdrawal service and plans a full Proof of Reserves report by Monday.