The Defiant explains an Ethereum delegation used in the

Binance drain

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The Defiant's early technical coverage describes an EIP-7702 wallet delegation followed by unusually large Ethereum-token transfers. It also explains how stablecoin issuers were able to block certain stolen tokens while native ETH remained transferable. The source was written during the developing incident. #binance #defi #ethereum #eip7702

Original report: The Defiant

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