Binance Sets Aside $6.34B to Cover Hack Losses, CEO Says 'Your Assets Are Safe'

DecryptOctober 30, 2026 · 5:34 PM2 min read

Richard Teng said the attacker used a self-destruct mechanism and an EIP-7702 delegation that bypassed Binance's normal approval controls.

Originally published on Decrypt

Richard Teng said the attacker used a self-destruct mechanism and an EIP-7702 delegation that bypassed Binance's normal approval controls.

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