World Liberty Financial (WLFI) token holders are being targeted by hackers exploiting Ethereum’s EIP-7702 upgrade, according to blockchain security firm SlowMist. The exploit, dubbed the “classic EIP-7702 phishing attack,” allows attackers to plant malicious delegate contracts within victim wallets once private keys are leaked. When unsuspecting users transfer Ether or receive WLFI tokens, the exploit lets hackers quickly drain the assets.

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