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Binance Co-CEO Richard Teng: Attackers Exploited EIP-7702 to Bypass Wallet Controls, Estimated Loss of $6.3 Billion
Binance Co-CEO Richard Teng stated that attackers exploited EIP-7702 to bypass wallet controls and destroyed tools and traces during the intrusion. Binance is currently rebuilding its withdrawal services, with estimated losses from the attack reaching $6.3 billion.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
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Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
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Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
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Tether, Circle, Ripple, and other stablecoin issuers have frozen over $2.6 billion in assets linked to suspected security breaches at Binance.
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Lookonchain: Binance hackers are selling PEPE, UNI, LINK, and other tokens, still holding over $150 million worth of various altcoins.
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South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
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Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
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China's AI stock bubble has burst, with $340 billion in market cap losses
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CNBC analysis suggests that Intel's stock may continue to fall after its significant decline, but selling now would not recover losses.
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The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
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SK Hynix is down 5.9% from its previous close, now trading at ₩1,436,000.
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