🚨 EVERYONE MUST HAVE HEARD ABOUT TODAY’S BIG NEWS BY NOW.
How the Binance hack was executed:
The attacker exploited EIP-7702, an upgrade introduced in Ethereum’s Pectra update.
This allows a regular wallet to temporarily function as a smart contract using a valid private key signature.
The hacker had pre-collected 50 EIP-7702 authorizations, each with sequential nonces.
Without knowing the exact nonce at the time of the attack.
He sent all 50 at once, and only one matched.
That single match was all it took.
The Tron stablecoin movements? Those were made by Binance themselves.
LATEST BINANCE HACK UPDATE:
Total funds drained: $5.5B+-$2.29B in USDT - frozen
-$823M in USDC - frozen
Still on the move:
-18,270 $BTC ($1.45B)
-197K $ETH ($451M)
-$730M in $USDT - not frozen yet
Source: (Hyperdash & on-chain data).
How the Binance hack was executed:
The attacker exploited EIP-7702, an upgrade introduced in Ethereum’s Pectra update.
This allows a regular wallet to temporarily function as a smart contract using a valid private key signature.
The hacker had pre-collected 50 EIP-7702 authorizations, each with sequential nonces.
Without knowing the exact nonce at the time of the attack.
He sent all 50 at once, and only one matched.
That single match was all it took.
The Tron stablecoin movements? Those were made by Binance themselves.
LATEST BINANCE HACK UPDATE:
Total funds drained: $5.5B+-$2.29B in USDT - frozen
-$823M in USDC - frozen
Still on the move:
-18,270 $BTC ($1.45B)
-197K $ETH ($451M)
-$730M in $USDT - not frozen yet
Source: (Hyperdash & on-chain data).
