Specter: Malicious EIP-7702 Signature Attack Causes $2.96 Million Loss for PancakeSwap LP

Odaily reports that on-chain security monitor Specter has detected that a long-dormant PancakeSwap liquidity provider (LP) suffered a loss of approximately $2.96 million due to signing a malicious EIP-7702 authorization. According to reports, the attacker removed approximately $1.48 million in BSC-USD and $1.48 million in BUSD liquidity provided by the victim, and converted the BUSD into ETH. Currently, the attacker has deposited approximately $1.46 million into Tornado Cash, while the remaining approximately $1.48 million in USDT remains in the attacker's address.