Hoskinson Flags ‘Dangerous’ EIP-7702 Code After Binance’s $6.3B Crypto Breach

Key Takeaways: Hoskinson issued a warning about “seriously dangerous code” that is associated with the Binance hack.

Based on an engineering researcher’s estimate, 50 EIP-7702 authorizations were directed at Binance 14.

Even for EIP-7702, the account in question must still be properly cryptographically authorized.

User Score8.7 Follow us on Google News Cardano’s founder Charles Hoskinson has echoed worries regarding Ethereum’s EIP-7702, following the investigators’ new allegation that the delegation function could be responsible for part of the massive Binance security breach.

The exchange has lost about $6.3 billion worth of crypto, based on recent reporting, but inquiries into the exact how the attackers obtained signing access continues.

Hoskinson Sounds Alarm Over Binance Sweeper Code Hoskinson shared a technical breakdown from researcher CyberSatoshi with a blunt warning: “Careful, there is some seriously dangerous code out there.” Careful, there is some seriously dangerous code out there.

https://t.co/w7wM1nn0Lz — Charles Hoskinson (@IOHK_Charles) October 30, 2026 The Binance wallet known as “Binance 14” was the target of a custom sweeper contract, the analysis states.

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