Binance Wallet Breach Sparks Warning From Cardano Founder Hoskinson
Photo: TronWeekly
Cardano founder Charles Hoskinson warned about dangerous code after sharing an analysis of the Binance wallet breach. The report links Ethereum’s EIP-7702 delegation feature to rapid asset transfers, although the exchange has not confirmed how attackers obtained signing authorization. In an X post , Hoskinson cautioned that “Careful, there is some seriously dangerous code out there.” He shared a technical account by CyberSatoshi describing a contract allegedly designed to empty a busy exchange hot wallet. The loss caused by the wider attack on October 29 was pegged at $6.3 billion.
Source: TronWeekly
