What is EIP-7702? The Ethereum Upgrade Behind the $6.4B Binance Hack

Crypto Insight Summary: EIP-7702 lets ordinary Ethereum wallets run smart contract code, enabling batched and sponsored transactions. Here's how it works. Crypto Insight Analysis: Direction: Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: The $6.4B hack linked to EIP-7702 raises wallet security concerns and may pressure ETH sentiment.