EIP-7702 Wallet Delegation Under Scrutiny After Phishing Research

EIP-7702 Wallet Delegation Under Scrutiny After Phishing Research

The delegation feature of Ethereum’s EIP-7702 wallet is under scrutiny after security research presented at the USENIX Security Symposium linked a large portion of analyzed authorization transactions to contracts controlled by attackers. The research found that 63% of EIP-7702 authorization transactions in the sample analyzed were linked to malicious contracts, with automated wallet emptying activity … Read more