• 30 अक्तू. 2026 · 16:23 UTC · body · New information from a source

  • A wallet labeled as belonging to Binance was emptied minutes after the EIP-7702 Ethereum upgrade went live, triggering a subsequent 780 million USDC transfer from a smart wallet it controls.
  • Binance estimates losses at $6.3 billion and is rebuilding its withdrawal service after the intrusion.
  • Security researchers say the upgrade did not cause the breach but may have helped attackers bypass withdrawal safeguards and destroy forensic traces.
  • A wallet labeled as belonging to Binance was swept minutes after it underwent an EIP-7702 delegation, according to The Defiant.
  • The same delegated account later triggered a separate 780 million USDC transfer from a smart wallet it controls; The Defiant reports it remains unconfirmed whether these transfers were authorized.
  • Binance CEO Richard Teng said the attacker used EIP-7702, an Ethereum upgrade that lets standard wallets temporarily behave like smart contracts, to bypass the exchange's withdrawal controls, according to The Defiant.
  • Teng said Binance is rebuilding its withdrawal service following the intrusion, which the exchange estimates cost $6.3 billion.
  • He also said the attackers destroyed tools and traces during the breach, The Defiant reported.
  • Security experts cited by Cointelegraph said attackers could have drained Binance's wallets even without EIP-7702, but that the upgrade may have helped them get around withdrawal safeguards and amplified the losses.

• 30 अक्तू. 2026 · 16:23 UTC · summary · New information from a source

  • A Binance-linked wallet was swept shortly after Ethereum's EIP-7702 upgrade enabled account delegation; the exchange disclosed a $6.3 billion breach.
  • A Binance-labeled wallet was swept minutes after an EIP-7702 delegation, and Binance CEO Richard Teng says the attacker used the Ethereum upgrade to bypass withdrawal safeguards in a breach estimated…

• 30 अक्तू. 2026 · 16:23 UTC · headline · New information from a source

  • Binance-Labeled Wallet Drained Minutes After EIP-7702 Delegation; $6.3 Billion Breach Disclosed
  • Binance Attacker Used Ethereum's EIP-7702 to Bypass Withdrawal Controls, CEO Teng Says, in Breach Estimated at $6.3 Billion

Every change made to this story after publication is recorded here automatically. A factual error gets a correction as well, on the corrections page.