Investment
Features
FeesSafety
Academy
More
Pluang+

Study finds 63% of Ethereum EIP-7702 wallet authorizations linked to attacker contracts, $2.36M lost

Market News
21 Aug 2026
Blockonomi
View Source
Bearish
pluang ai news

A peer-reviewed study presented at USENIX Security ’26 found that 63% of Ethereum's EIP-7702 wallet authorization transactions were linked to malicious contracts, resulting in confirmed losses of $2.36 million. The study analyzed over 3.6 million authorization transactions across seven blockchains through July 2025, revealing attackers exploited the new EIP-7702 feature that lets wallets act like smart contracts. Researchers also identified $10.14 million in assets exposed due to outdated contract assumptions and noted attackers rebinding accounts to normal-looking code post-attack to hide risks. Ethereum developers now recommend stricter wallet vetting and clearer user warnings for delegated code to improve security.

More News

PermRock Royalty Trust declares $0.0218/unit distribution for August, reflecting June oil and gas production.

PermRock Royalty Trust declares $0.0218/unit distribution for August, reflecting June oil and gas production.

PermRock Royalty Trust announced a monthly cash distribution of $0.021782 per unit, totaling $265,001.53, payable September 15, 2026, based on June 2026 oil and gas production. Oil sales volumes increased slightly but were offset by lower prices, whi...

Company Fundamentals
Neutral
4 hours ago
Ripple aggressively adopts AI to boost growth, plans to double revenue by 2026 despite market challenges

Ripple aggressively adopts AI to boost growth, plans to double revenue by 2026 despite market challenges

Ripple CEO Brad Garlinghouse announced the company is aggressively integrating artificial intelligence to accelerate its business growth and workforce expansion. Ripple, with about 1,500 employees and 94 open roles, expects to more than double its an...

Protocol Fundamentals
Bullish
4 hours ago
Meridian Mining to list 195,520 new shares on London Stock Exchange on August 26, 2026.

Meridian Mining to list 195,520 new shares on London Stock Exchange on August 26, 2026.

Meridian Mining plc has applied to admit 195,520 new ordinary shares to trading on the London Stock Exchange, expected on August 26, 2026. These shares are issued following the exercise of awards under the company's Omnibus Plan 2025 and will rank eq...

Company Fundamentals
Neutral
4 hours ago
XRP volume spikes 130% amid 17% price rise, signaling strong market interest and potential bull run.

XRP volume spikes 130% amid 17% price rise, signaling strong market interest and potential bull run.

XRP's trading volume surged by over 130% alongside a 17% price increase, reaching about $1.40 from $1.15 in a single session. This strong volume across major exchanges like Bitget, Bybit, OKX, and Binance indicates robust market participation rather ...

Market News
Bullish
4 hours ago
Proposed London data centre could emit 1M tonnes of CO2 yearly, conflicting with UK net zero goals

Proposed London data centre could emit 1M tonnes of CO2 yearly, conflicting with UK net zero goals

A £5.3 billion hyperscale data centre planned on London's green belt is expected to emit over 1 million tonnes of CO2 annually, equivalent to 27,000 transatlantic flights. Despite being marketed as a zero-carbon facility, planning documents reveal em...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App