by: xpoolPosted on:

Massive Ethereum Phishing Attack Leads to $1.54 Million Loss

A high-profile cryptocurrency investor lost a staggering $1.54 million in a recent phishing attack exploiting EIP-7702 transactions. The victim’s assets were targeted across various cryptocurrencies, including ETH, BTC, and staked Ethereum tokens. SlowMist founder Cao Yun confirmed the incident, highlighting the use of unauthorized delegation to move assets via a single malicious contract call.

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