[Binance Hackers Use EIP-7702 to Mass-Steal Tokens from Hot Wallets, Drilling Down Hours Before Theft] According to Odaily Planet Daily, monitoring by SlowMist, Binance hackers chose the EIP-7702 mechanism on Ethereum solely to facilitate a cleanup operation, namely, mass-stealing tokens from Binance's hot wallets. On-chain records show the hackers' operation was rather crude, and they reportedly rehearsed for several hours before the actual theft. The EIP-7702 mechanism itself is not problematic; even without this protocol, other methods exist.