โ ๏ธ Early this morning, a security incident affected a Binance hot wallet. On-chain analysis indicates that the attack involved EIP-7702 delegation. The exact cause and scope of the impact have yet to be confirmed.
A year ago, the imToken security team examined the risks of malicious EIP-7702 authorizations in Issue 39 of its Monthly Security Report and urged users to safeguard control of their accounts.
๐ For security reasons, imToken currently does not support initiating EIP-7702 delegation, reducing the risk of users inadvertently signing a malicious authorization.
Security reminders:
โข Treat unfamiliar signing and authorization requests with caution.
โข Avoid using untrusted wallets or extensions for EIP-7702 delegation.
โข Keep your recovery phrase and private keys secure, and watch out for phishing scams.
New technology brings convenience, but its potential risks need careful evaluation.
๐ Learn about EIP-7702 delegation risks and how to protect yourself: