Ethereum: Is Pectra Update Raising Wallet Risks

Somatirtha

EIP-7702 lets wallets act like smart contracts but opens doors to signature-based exploits.

Attackers can trick users into signing malicious off-chain messages to drain funds.

EIP-3074 introduces delegation, but insecure invoker contracts may enable replay attacks.

Security experts urge caution when approving transactions and using delegation features.

Pectra boosts Ethereum’s usability but demands tighter wallet security protocols.

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