Skip to headlines

CRYPTO

EIP-7702 didn’t cause Binance hack, but may have amplified losses

CointelegraphFriday, October 30, 2026 at 11:00 AM

RedScroll Brief

EIP-7702 didn’t cause Binance hack, but may have amplified losses
Image via Cointelegraph

Security experts say attackers could have drained Binance’s wallets without EIP-7702, but the Ethereum upgrade may have helped bypass withdrawal safeguards.

RedScroll Signal

Impact
High
Category
Crypto
Market relevance
High
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk. Security experts say attackers could have drained Binance’s wallets without EIP-7702, but the Ethereum upgrade may have helped bypass withdrawal safeguards. Watch liquidity and volatility around Binance and Crypto — crypto markets reprice narrative risk quickly.
Read original source → COINTELEGRAPHEdition 2026-10-30

Desk copy

RedScroll Briefing

Extractive editorial brief — not a reprint of the original

What happened

Security experts say attackers could have drained Binance’s wallets without EIP-7702, but the Ethereum upgrade may have helped bypass withdrawal safeguards.

Why it matters

Crypto moves are a live stress test of liquidity, regulation, and narrative risk.

Background

Cointelegraph reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

  1. Cointelegraph published: EIP-7702 didn’t cause Binance hack, but may have amplified losses

  2. Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Watch liquidity and volatility around Binance and Crypto — crypto markets reprice narrative risk quickly.

More on

Related stories

Source

Cointelegraph

Original reporting by Cointelegraph. RedScroll provides an extractive briefing only.