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ENTITY PROFILE / KNOWLEDGE GRAPH

EIP-7702

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EIP‑7702, introduced in May 2025 as part of Ethereum’s Pectra upgrade, lets ordinary wallets execute delegated smart‑contract code. Security concerns surfaced in 2024; Wintermute reported malicious delegations in May 2025, and WLFI token holders suffered losses in September 2025. The Binance $6.3 B hack likely used 50 EIP‑7702 delegations, enabling attackers to “sweep” the Binance 14 hot wallet. Blockaid and Ido Ben‑Natan view EIP‑7702 as a possible amplifying factor, though Ivo Georgiev notes the attackers could drain funds without it. The upgrade’s ability to bundle actions may have bypassed normal withdrawal safeguards, contributing to the breach.· Entity summary generated by Graphiti

RELATIONS
35Relations
CURRENT
31Current
EVENTS
6Events
REPORTS
11Source reports
KNOWLEDGE ATLAS0 entities · 0 relations
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Relation timeline

BY VALID-FROM DATE
  1. Multi-billion Binance hackUSEDEIP-7702

    Binance Hack used EIP-7702 to turn a Binance hot wallet into a sweeper

    Current1 sourceMulti-billion Binance hack
  2. Richard TengMENTIONSEIP-7702

    Richard Teng mentioned that the attacker used EIP-7702 delegation to bypass Binance's normal approval controls.

    Current1 sourceRichard Teng
  3. EthereumHAS FEATUREEIP-7702

    Ethereum has the EIP-7702 feature

    Current1 sourceEthereum
  4. EIP-7702DELEGATED CONTROL OFPhylax Systems

    EIP-7702 was used to delegate control of a Binance hot wallet

    Current1 sourcePhylax Systems
  5. VeirCLAIMEDEIP-7702

    VEER claimed that Ethereum Improvement Proposal 7702 gave attackers a handy sweep button on Ethereum

    Current1 sourceVeir
  6. EIP-7708CLAIMEDEIP-7702

    Ivo Georgiev claimed that Ethereum Improvement Proposal 7702 made little difference to the attack

    Current1 sourceEIP-7708
  7. EIP-7702HELPED BYPASSBinance

    Ethereum Improvement Proposal 7702 may have helped attackers bypass withdrawal safeguards of Binance

    Current1 sourceBinance
  8. EIP-7702MAY AMPLIFYMulti-billion Binance hack

    EIP‑7702 may have amplified the Binance hack

    Current1 sourceMulti-billion Binance hack
  9. Ido Ben-NatanCLAIMEDEIP-7702

    Ido Ben-Natan claimed that attackers could steal the funds without Ethereum Improvement Proposal 7702

    Current1 sourceIdo Ben-Natan
  10. VeirCITEDEIP-7702

    VEER cited security warnings raised during discussions of Ethereum Improvement Proposal 7702

    Current1 sourceVeir
  11. EIP-7778COMMENTED ONEIP-7702

    Ivo Georgiev commented that EIP‑7702 made little difference to the attack

    Current1 sourceEIP-7778
  12. World Liberty FinancialRPORTEDEIP-7702

    World Liberty Financial reported losses linked to malicious EIP-7702 delegations

    Current1 sourceWorld Liberty Financial
  13. EIP-7702NOT CAUSE OF6.3 Billion Binance Hack

    Ethereum Improvement Proposal 7702 did not cause Binance hack

    Ended 2026-10-311 source6.3 Billion Binance Hack
  14. BlockaidDETECTED EIP-7702 AUTHORISATIONSEIP-7702

    Blockaid identified 50 EIP-7702 authorisations bundled into a single transaction targeting Binance

    Current1 sourceBlockaid
  15. BlockaidMENTIONEDEIP-7702

    Blockaid mentioned EIP-7702 authorizations in its analysis

    Current1 sourceBlockaid
  16. BinanceEXPLOITEDEIP-7702

    Binance exploited EIP-7702 to gain control of a hot wallet

    Ended 2026-10-302 sourcesBinance
  17. Binance 14AUTHORIZED BYEIP-7702

    Binance 14's hot wallet was authorized by an EIP-7702 contract

    Current1 sourceBinance 14
  18. Derek ChiangSPEAKED ABOUTEIP-7702

    Derek Chiang SPEAKED_ABOUT EIP-7702

    Current1 sourceDerek Chiang
  19. EIP-7702AUTHORIZESBinance

    EIP-7702 AUTHORIZES Binance

    Current1 sourceBinance
  20. EIP-7702USED TO HACKBinance

    EIP-7702 USED_TO_HACK Binance

    Ended 2026-10-303 sourcesBinance
  21. Multi-billion Binance hackCAUSED BYEIP-7702

    Binance hack CAUSED_BY EIP-7702

    Ended 2026-10-301 sourceMulti-billion Binance hack
  22. EIP-7702ENABLED PERMISSION FORBinance 14

    EIP-7702 enabled permission slips that allow control of Binance 14.

    Current1 sourceBinance 14
  23. WLFI tokensLOST DUE TOEIP-7702

    WLFI token holders suffered losses due to malicious EIP‑7702 delegations in September 2025

    Current1 sourceWLFI tokens
  24. WintermuteIDENTIFIEDEIP-7702

    Wintermute IDENTIFIED EIP-7702

    Current1 sourceWintermute
  25. EIP-7702IS PART OFPectra

    EIP-7702 IS_PART_OF Pectra

    Current1 sourcePectra
  26. EIP-7702PART OFPectra upgrade

    EIP‑7702 is part of the Pectra upgrade

    Current2 sourcesPectra upgrade
  27. WintermuteREPORTEDEIP-7702

    Wintermute reported malicious EIP‑7702 delegations in May 2025

    Current2 sourcesWintermute
  28. EthereumINTRODUCEDEIP-7702

    Ethereum introduced EIP‑7702 in May 2025

    Current1 sourceEthereum
  29. EIP-7702ACTIVATED INEthereum

    EIP-7702 ACTIVATED_IN Ethereum

    Current2 sourcesEthereum
  30. EIP-7702WRITTEN BYAnsgar Dietrichs

    EIP-7702 WRITTEN_BY Ansgar Dietrichs

    Current1 sourceAnsgar Dietrichs
  31. EIP-7702WRITTEN BYSam Wilson

    EIP-7702 WRITTEN_BY Sam Wilson

    Current1 sourceSam Wilson
  32. EIP-7702WRITTEN BYBinance security breach

    EIP-7702 WRITTEN_BY lightclient

    Current1 sourceBinance security breach
  33. EIP-7702WRITTEN BYVitalik Buterin

    EIP-7702 WRITTEN_BY Vitalik Buterin

    Current1 sourceVitalik Buterin
  34. VeirREFERENCEDEIP-7702

    VEER referenced security warnings about EIP‑7702 during 2024 discussions

    Current1 sourceVeir
  35. VeirCOMMENTED ONEIP-7702

    VEER commented on EIP‑7702 after the Binance attack

    Current1 sourceVeir

Relations are facts Graphiti extracted from reports, not verbatim quotes. An end date means later reporting showed the relation no longer holds.

Events 6

Source reports 11