Ethereum’s Pectra upgrade faces security issues as attackers exploit EIP-7702, draining $150K from wallets using malicious ...

An Ethereum wallet upgraded to the EIP-7702 smart accounts has lost $146,551 in various memecoins to phishing scammers.

Ethereum's EIP-7702 improves wallets but also accelerates exploitation, raising security concerns after major losses.

Wintermute detects rising EIP-7702 wallet exploit threats after Ethereum’s Pectra upgrade and adds warnings to malicious ...

Inferno Drainer, a known phishing group, has leveraged Ethereum’s new EIP-7702 feature to steal $150,000 in crypto.

Wintermute reported that over 80% of Ethereum's EIP-7702 delegations link to malicious "sweeper" contracts, which drain funds from compromised wallets.

Following the rollout of its latest upgrade, Pectra, the Ethereum network has seen a notable surge in EIP-7702 transactions.

A sophisticated phishing group known as Inferno Drainer has capitalised on a recently implemented Ethereum feature to conduct ...

Crypto market maker Wintermute has developed a tool that injects on-chain warnings into malicious wallet-draining contracts ...

A threat actor compromised Ethereum's mailing ... 35,000 addresses a phishing email with a link to a malicious site running a crypto drainer. Ethereum disclosed the incident in a blog post this ...

But Cos says that an even earlier incident ... a suspicious phishing link. The rise of TON presents a new frontier for drainers, expanding their lifespan as the Ethereum draining business becomes ...