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[Research Shows Nearly Half of EIP-7702 Authorizations Involve Phishing and Other Crimes] Wintermute research indicates that 48% of Ethereum EIP-7702 authorizations are associated with crimes such as phishing and fund theft. Since May 7, this feature has been activated over 1.58 million times, with approximately 768,000 instances flagged as crime-related. EIP-7702 is designed to temporarily convert user accounts into smart contract wallets to enhance security and user experience.

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Today 2025-09-22
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