Hackers have targeted the Ethereum EIP-7702 protocol, leading to a loss of over $5.3 million. The GoPlus Security Research Institute has reported on the attack methods used by attackers, which include signature phishing, malicious upgrades, and permission abuse. This significant breach was flagged as a high priority by this cybersecurity firm. Following these attacks, GoPlus platform, one of the earliest security platforms to address these threats, is actively assisting affected users with their security needs. The firm has conducted extensive research into this security threat and plans to launch a browser plugin in the near future with relevant security features that will prevent further losses.