Binance suffered a $5.8B exploit via EIP-7702 delegation vulnerability and potential compromise of 16 signing keys, the largest crypto hack on record.
Security & Exploits ·
A reported $5.8B was stolen from Binance, marking what is characterized as the largest crypto hack on record. The incident began as an EIP-7702 delegation exploit but has escalated to involve a potential compromise of 16 Binance signing keys, raising questions about the security of Binance's signing infrastructure. Binance 14 remains compromised according to the report.