Ethereum Phishing Attacks Surge with New EIP-7702 Exploit

Recent incidents highlight the growing threat of phishing scams targeting Ethereum users leveraging the new EIP-7702 functionality in wallets. While previously limited to single-token transfers, attackers are now able to execute multi-asset approvals through a single batch authorization process. This technique was used by Inferno Drainer, resulting in a $150,000 loss for a user recently upgraded to EIP-7702. 🛡️🚀