Ethereum EIP-7702 WLFI Phishing Exploit Dain Tokens
Scammers don launch big WLFI phishing attacks using Ethereum EIP-7702 delegate function to jaga wallets and comot WLFI holdings. Dem dey fool users make dem sign bad delegate calls, hidden contracts fit run automatic to comot airdrops and token balances for big scale. Security firm SlowMist don report many cases wey dey target sharp WLFI holders, plus fraudsters come drop fake WLFI tokens for honeypot swaps for Phantom Swap, wey make one trader loss about $4,876. These wahala show new crypto security palava with EIP-7702 features. Traders wey hold WLFI need check transaction approvals well, cancel unused delegate permissions, and move assets go safe wallets sharp sharp to prevent phishing matter.
Bearish
Dis exploit dey shake faith for WLFI and how e implement EIP-7702, as big big token waka comot and honeypot scam dey make holders and possible investors lose trust. For short time, WLFI price fit face gbege as dem compromised tokens come enter second market and cautious traders dey revoke permission or carry money comot. Wetin go happen for long term depend on how developers and community go take fix delegate approval and make wallet secure, but till dem fix di wahala, WLFI still dey risk for more dumps and bad feeling, wey dey support bearish outlook.