Study Finds $575M Lost Through Ethereum and BNB Chain Address Errors

A new academic study has identified 65,340 high-risk address misuse cases on Ethereum and BNB Chain, linked to about $574.8 million in lost crypto.

The research shows how ordinary mistakes involving testnet addresses, reused contract addresses, and exposed private keys can become permanent losses, while newer tools such as EIP-7702 give attackers another way to exploit them.