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New Ethereum feature exploited just weeks after launch in $146K phishing heist

An Ethereum wallet upgraded to the EIP-7702 smart accounts has lost $146,551 in various memecoins to phishing scammers. Blockchain security firm Scam Sniffer reported the incident, noting the funds ...
Crowdfund Insider

Ethereum (ETH) Pectra Upgrade and EIP-7702 : A New Era for Externally Owned Accounts

On May 7, 2025, Ethereum is set to undergo a transformative upgrade known as Pectra, introducing sweeping changes to the Ethereum Virtual Machine (EVM). CertiK explained in a blog post that this ...
CoinTelegraph

Pectra features already in use: Ethereum EIP-7702 wallets roll out

Ambire and Trust Wallet are among the first wallets to support Ethereum’s Pectra upgrade (EIP-7702), enabling existing accounts to leverage account abstraction features. The Ethereum Pectra upgrade ...
Investing

Vitalik Buterin Proposes EIP-7702 To Refine Account Abstraction

EIP-7702 Ethereum Improvement Proposal (EIP) 7702 has been proposed as an alternative to EIP-3074 and suggests a novel transaction type that allows externally owned accounts (EOAs), which are normal ...