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LATEST: @binance is finally free from the SEC... will this mean the CEX makes a comeback to the U.S.?
Listen for the details

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🚨JUST IN: UNICÂMBIO, ONE OF PORTUGAL’S LARGEST FOREIGN EXCHANGE AGENCIES, ADOPTED @RIPPLE PAYMENTS

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🚨JUST IN: UNICÂMBIO, PORTUGAL’S LARGEST FOREIGN EXCHANGE AGENCIES, ADOPTED @RIPPLE PAYMENTS

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ETHEREUM’S NEW FEATURE IS BEING ABUSED TO DRAIN WALLETS? - Ethereum’s recent “Pectra” upgrade included EIP-7702, a feature meant to improve wallet usability. - It lets wallets temporarily behave like smart contracts, batch multiple actions, sponsor gas fees, and add spending controls. - But Wintermute’s analysis shows over 80% of EIP-7702 delegations link to automated “sweeper” contracts that drain wallets with leaked private keys. - Wintermute calls the main culprit contract “CrimeEnjoyor.” It’s simple, copy-pasted code, now behind the majority of these delegations. - These bots automatically “sweep” funds from compromised wallets and send the ETH to attackers. - Wintermute decoded the bytecode to reveal these malicious contracts publicly, aiming to raise awareness. Is EIP-7702 Optional? - Wintermute’s research found 97% of all EIP-7702 delegations used near-identical malicious code. - Per reports, EIP-7702 is optional and not required for basic Ethereum operations. But its ease of delegation makes it ripe for abuse, especially among users with compromised private keys. - Security experts warn wallet providers to clearly show delegation targets to users, to reduce phishing risks. SlowMist called for vigilance, saying phishing gangs quickly adapted. - The core problem isn’t EIP-7702 itself. As security expert Taylor Monahan explained, it’s the persistent struggle to secure private keys. The upgrade reportedly makes automated attacks faster and cheaper. - Since Pectra went live on May 7, over 12,000 EIP-7702 transactions have occurred. Wintermute urges the community to flag compromised contracts and protect users. - Security firm, Scam Sniffer, spotted a wallet losing nearly $150,000 in a single batched transaction tied to the Inferno Drainer scam—a known crypto malware service.

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🚨UPDATE: WINTERMUTE REVEALS PECTRA’S NEW FEATURE IS BEING ABUSED BY BOTS TO DRAIN UNSUSPECTING WALLETS IN SWEEPER ATTACKS

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🚨JUST IN: JAPAN’S METAPLANET HAS BOUGHT 1,088 MORE BITCOINS FOR $117M, PUSHING TOTAL HOLDINGS TO 8,888 $BTC

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