Eleven Binance hot-wallet keys signed transfers to an address created minutes earlier, and one of them signed an EIP-7702 authorization that turned its wallet into standing infrastructure for the attacker.
The page states that eleven Binance hot-wallet keys signed transfers to an address created minutes earlier, and one signed an EIP-7702 authorization.
This line is our short summary of the quote below. The quote is the evidence.
Cited in theories
- The Ethereum authorizations were phished: Evidence against. Eleven hot-wallet keys signed transfers.
Other statements from the same source
Blockaid said its transaction security engine classified the delegation transaction as malicious because an EOA was being upgraded through EIP-7702 to an untrusted address.
Blockaid's transaction security engine classified the type-4 transaction that delegated Binance 14 as malicious on sight, with the reason that an EOA was being upgraded through EIP-7702 to an untrusted address.
Blockaid said its detection flagged the drain under two minutes after the sweep and before any public report.
Blockaid’s detection flagged the drain under two minutes after the sweep and before any public report
Blockaid said the delegation was visible on-chain for three minutes and 24 seconds before the sweep.
The delegation itself was visible onchain for three minutes and 24 seconds before the sweep
Blockaid said the operator address 0x7C8601d4645b93cea45F71e118A729332e6B5CA0 was funded through three Tornado Cash withdrawals starting October 28.
The operator address, 0x7C8601d4645b93cea45F71e118A729332e6B5CA0 , was funded through three Tornado Cash withdrawals starting October 28.
Blockaid said Tether and Circle froze about $1.8B in the main collection address within 40 minutes, and that with later freezes by other issuers and the Arbitrum Security Council, Binance puts the verified total frozen at about $3B.
Tether and Circle froze about $1.8B in the main collection address within 40 minutes, and with later freezes by other issuers and the Arbitrum Security Council, Binance puts the verified total frozen at about $3B.