Blockaid CEO Says Binance Attack Did Not Depend on EIP-7702

Blockaid CEO Ido Ben-Natan said EIP-7702 may have let attackers move assets in fewer steps during Binance’s $6.3 billion hack. Ambire CEO Ivo Georgiev said the upgrade made little difference. Ido Ben-Natan, co-founder and CEO of blockchain security firm Blockaid, said Friday that attackers could have taken the funds through other methods. He said EIP-7702 may have let them complete the transfer in fewer steps and possibly avoid some withdrawal checks. Binance expanded its inquiry after initially focusing on a potentially compromised engineer’s laptop, and the exchange identified additional breach points.