World Liberty Financial’s (WLFI) governance tokenholders are being hit with a known phishing wallet exploit using Ethereum’s EIP-7702 upgrade, SlowMist founder Yu Xian says.
Ethereum’s Pectra upgrade in May data-ct-non-breakable=”null” href=”https://eips.ethereum.org/EIPS/eip-7702″ rel=”noopener nofollow” target=”_blank” title=”null”>introduced EIP-7702, which allows external accounts to temporarily act like smart contract wallets, delegating execution rights and allowing batch transactions, which are aimed at streamlining a user’s experience.
Xian data-ct-non-breakable=”null” href=”https://x.com/evilcos/status/1962534941901902057″ rel=”noopener nofollow” target=”_blank” title=”null”>said in an X post on Monday that hackers are exploiting the upgrade to pre-plant a hacker-controlled address in victim…

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