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Slow Fog: Detected a malicious transaction using a vulnerable EIP-7702 account, resulting in a loss of approximately 54.93 ETH.

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PANews
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4 hours ago
AI summarizes in 5 seconds.

PANews April 29 news, according to Slow Fog monitoring, a malicious transaction exploiting a vulnerability in an EIP-7702 account was detected, resulting in a loss of 1,988.5 QNT (approximately 54.93 ETH) from the QNT reserve pool. The root cause is that the identity of a QNT reserve pool administrator is held by an EOA address, which delegated its code to a BatchExecutor contract through the EIP-7702 mechanism. This BatchExecutor designated an unauthorized BatchCall contract as the authorized caller. However, the BatchCall.batch() function is completely open to the outside with no permission checks, leading to an arbitrary call vulnerability that allowed attackers to steal QNT tokens from the reserve pool.

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