Ethereum’s Bright Future: Or Not? $150K Vanishes in Sweeper Attacks 🚀💸

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Ethereum‘s Bright Future: Or Not? $150K Vanishes in Sweeper Attacks 🚀💸

  • Ethereum’s latest experiment—EIP-7702—turned out to be a trap for the unwary.
  • The real culprit? Stolen private keys, not the upgrade. But who cares?

Ah, Ethereum! Promised a new dawn with its Pectra upgrade—more intuitive wallets, smarter transactions, the whole shebang. And what did it give us? A shiny new playground for hackers, that’s what. 🎭

Weeks after the grand unveiling, hackers, those charming pranksters, found a way to exploit the flashy EIP-7702 in a series of “sweeper” assaults. Drained wallets, empty pockets, and wallets that look like their owner just turned into a recluse. Almost $150,000, gone—just like that, faster than you can say “blockchain security.”

Upgrade to Genius or Just a Big Joke?

Enter Pectra’s star feature: EIP-7702—designed to make wallets smarter, more convenient, like the Swiss Army knives of the crypto world. Sponsored by none other than Vitalik himself, this feature lets wallets play smart contracts, batch transactions, and even pay gas fees—talk about making blockchain great again. Or so they claimed.

Meanwhile, in the shadows, lurks a malicious contract named “CrimeEnjoyor,” so lazy it copy-pasted its code from a cookbook and still managed to pull off the perfect heist. Because nothing says security like a copy-pasted villain! 🦹‍♂️

The Wintermute folks, those security wizards, tell us that over 80% of EIP-7702 delegations are now just puppets of one sneaky contract. Phishing? Check. Funds draining? Check. It’s automation gone wild, and the cost? Well, enough to make your wallet cry.

Scam Sniffer, the watchdog with a sense of humor, reports a victim losing nearly $150,000 in a single transaction, thanks to that infamous Inferno Drainer. It’s almost poetic—enhanced convenience turning into a hacker’s wet dream. Crypto, folks—where the only thing more volatile than prices is trust.

Maybe it’s not just the code—It’s us?

Or perhaps, the real lesson here is in human folly. Trusting a feature that smells like a free lunch, only to find it’s a trap. Oh, the beautiful simplicity of technology—until it isn’t. And in the end, maybe we should laugh—though most of us will just cry into our lost ETH. 😂

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2025-06-03 06:23