Ethereum's EIP-7702 upgrade allows ordinary accounts to delegate execution of contract code without changing their address or keys, enabling convenient wallet features like bundled transactions and fee sponsorship. However, this delegation acts as a power of attorney, giving the contract full control over the account until revoked. A recent analysis found thousands of such delegations, including some linked to malicious contracts that can permanently drain accounts. Users should check their account's code field for the delegation marker (0xef0100) and verify the target contract to avoid losing funds. If compromised, setting up a new account and seeking help from whitehat services is advised rather than just revoking the delegation, as attackers can immediately drain any funds sent to the compromised address.
Jerónimo Martins, a Portugal-based grocer with strong Polish market exposure, is still rated as a 'BUY' at €17.9 per share. However, the price target has been lowered to €18.5 due to slower-than-expected earnings growth despite operational improvemen...
President Donald Trump suggested the US might take control of Iran's oil reserves, similar to a recent deal with Venezuela that gave the US access to a significant portion of Venezuela's oil. This statement comes as a diplomatic meeting in Oman betwe...
Institutions and market makers have transferred $6.83 million worth of Ondo Finance (ONDO) tokens to exchanges, signaling potential large sales. Despite this, ONDO's price remains stable between $0.34 and $0.35, though trading volume has dropped 39%....
Crude oil prices surged more than 2.7% after Saudi Arabia shut its East-West pipeline due to drone attacks, threatening up to 4% of global oil supply. This supply disruption pushed Brent crude above $107, while geopolitical tensions in key shipping c...
President Donald Trump reaffirmed his promise to send $5,000 to every American adult if Republicans retain control of Congress in the midterm elections. He claims the U.S. economy can easily afford the payments due to strong revenue, including tariff...
