Ethereum’s Pectra Attack Claims First Victim, $150K Drained in EIP-7702 Phishing

The post Ethereum’s Pectra Attack Claims First Victim, $150K Drained in EIP-7702 Phishing appeared first on Coinpedia Fintech News

Ethereum recently got a major boost with the Pectra upgrade, following the success of ‘The Merge’. One key feature, EIP-7702, promised to make wallets easier to use. But it is now facing backlash as it is being attacked by malicious actors.  EIP-7702, proposed by Vitalik Buterin, was designed to improve Ethereum wallets by allowing them …