Close Menu
Cryprovideos
    What's Hot

    Bitcoin, XRP, Ethereum Dip Put up Fed's Price Lower: What’s Subsequent For Crypto?

    October 29, 2025

    Bitcoin Whale Exercise Hits Two-Month Excessive – U.At the moment

    October 29, 2025

    Whale Wars: Bulls and Bears Battle for Management on Hyperliquid

    October 29, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Altcoins»Crypto investor loses $1M in Uniswap rip-off exploiting Ethereum's EIP-7702
    Crypto investor loses M in Uniswap rip-off exploiting Ethereum's EIP-7702
    Altcoins

    Crypto investor loses $1M in Uniswap rip-off exploiting Ethereum's EIP-7702

    By Crypto EditorAugust 22, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Crypto investor loses M in Uniswap rip-off exploiting Ethereum's EIP-7702Crypto investor loses M in Uniswap rip-off exploiting Ethereum's EIP-7702

    A single phishing assault drained almost $1 million value of tokens from a crypto investor who unknowingly signed a batch of malicious transactions disguised as Uniswap swaps, in keeping with blockchain safety agency Rip-off Sniffer.

    In an Aug. 22 submit on X, Yu Xiang, founding father of blockchain safety agency SlowMist, famous that the incident concerned 5 tokens siphoned by means of a transaction exploiting Ethereum’s new EIP-7702 mechanism.

    He defined:

    “From the angle of a phished consumer, it goes like this: the consumer opens a phishing web site, a pockets signature immediate pops up, the consumer clicks affirm, and with simply that one motion, all helpful property within the pockets handle vanish in a snap.”

    EIP-7702 was launched within the Pectra improve to streamline the Ethereum consumer expertise. The characteristic permits a pockets to behave like a short lived good contract, making it doable to batch a number of transactions, allow gasoline sponsorship, or set spending limits in a single step.

    In precept, the delegation is revocable and network-specific. Nevertheless, attackers have discovered methods to weaponize the characteristic in observe.

    NemoNemo

    Crypto market maker Wintermute has warned that the usual’s implementation is being exploited at scale. Its June evaluation confirmed that greater than 90% of EIP-7702 delegations had been linked to malicious contracts.

    The agency identified that many of those contracts are easy copy-paste scripts that scan for susceptible wallets and drain their holdings robotically.

    Contemplating this, Rip-off Sniffer and Xiang urged crypto customers to take additional care earlier than signing pockets requests. They really useful verifying domains, avoiding rushed confirmations, and rejecting signatures that appear unclear or overly broad.

    Additionally they said that a few of the purple flags that would come up embrace requests for limitless token approvals, contract upgrades below EIP-7702, or transaction simulations that don’t match expectations.

    Talked about on this article
    Newest Alpha Market Report



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Bitcoin, XRP, Ethereum Dip Put up Fed's Price Lower: What’s Subsequent For Crypto?

    October 29, 2025

    How Solana's ETF success will propel SOL worth to new heights above $500

    October 29, 2025

    Chainlink (LINK) Worth Information: Bounces 4% as FOMC Volatility Drives Crypto Market

    October 29, 2025

    Over $700M in Liquidations as BTC and ETH Sink After Fed Price Minimize

    October 29, 2025
    Latest Posts

    Bitcoin, XRP, Ethereum Dip Put up Fed's Price Lower: What’s Subsequent For Crypto?

    October 29, 2025

    Bitcoin Whale Exercise Hits Two-Month Excessive – U.At the moment

    October 29, 2025

    Michael Saylor Predicts Bitcoin Will Hit $150,000 By Yr-Finish, Expects $1 Million Inside 8 Years

    October 29, 2025

    Bitcoin at $107K: Is This Market Panic a Purchase Sign or a Bear Market Warning?

    October 29, 2025

    Odds of BTC Hitting $130K This Month Drop to Practically 0% – U.As we speak

    October 29, 2025

    Over $700M in Liquidations as BTC and ETH Sink After Fed Price Minimize

    October 29, 2025

    Bitcoin (BTC) Poised for New Heights as U.S. Shares Hit Information

    October 29, 2025

    Bitcoin Value Crashes To $109,000 As Jerome Powell Stays Impartial On Future Cuts

    October 29, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Flockerz Vote-to-Earn ICO Raises $7.4 Million – Subsequent 25x Crypto Gem?

    December 22, 2024

    'Fairly Odd': Coinbase Exec Reacts to $1 Billion Satoshi-Period Bitcoin Transfer

    July 5, 2025

    Bitget and Fiat24 Accomplice for Revolutionary Crypto Funds | Dwell Bitcoin Information

    December 24, 2024

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.