Hackers exploit Ethereum’s EIP-7702 for $150K token theft in sophisticated phishing scheme

26-5-2025 – In a sophisticated exploitation of Ethereum’s latest protocol enhancement, cyber criminals have unveiled a novel attack vector, leveraging the recently implemented EIP-7702 feature to orchestrate unauthorised bulk token transfers. The breach, uncovered by blockchain security firm Scam Sniffer, saw the notorious Inferno Drainer group exploit a temporary smart contract functionality, resulting in a [. . source: https://www.cointrackdaily.com/hackers-exploit-ethereums-eip-7702-for-150k-token-theft-in-sophisticated-phishing-scheme/