Hackers Gain Control of Binance Wallet for $15 Fee and Withdraw $2.5 Billion

Hackers Gain Control of Binance Wallet for $15 Fee and Withdraw $2.5 Billion

According to an investigation by Blockaid, the attackers used EIP-7702 on the Ethereum network and withdrew 167,464 ETH, approximately $1.615 billion in USDT, and around 60 tokens in a single transaction. Binance confirmed the mechanism's role and reported freezing part of the funds.

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