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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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Slow Mist Yuxian: EIP-7702 mechanism abused by coin theft gang
PANews, May 31st news, Slow Mist's Yu Xian posted on the X platform stating that the "most High" use of this new mechanism EIP-7702 is actually by coin theft gangs (not phishing gangs), which facilitates the automatic transfer of relevant funds from wallet addresses that have leaked private keys/mnemonic phrases. Over 97% of EIP-7702 delegations have been authorized to such coin theft contracts.