Ethereum’s EIP-7702 Feature From Pectra Upgrade Triggers Mass Wallet Theft

Hackers are abusing the new EIP-7702 feature introduced in the Ethereum Pectra Upgrade to automate the transfer of ETH from wallets with stolen private keys. According to blockchain security researchers, attackers are using EIP-7702 to deploy smart contracts that drain funds without manual action. The EIP-7702 standard allows externally owned accounts (EOAs) to temporarily act […]

The post Ethereum’s EIP-7702 Feature From Pectra Upgrade Triggers Mass Wallet Theft appeared first on Coinchapter.