Web3Auth Disputes $6.01M Keplr Theft Claim, Says Funds Moved to Recovery Wallets
Key Highlights: A security vulnerability in Web3Auth’s infrastructure compromised thousands of Keplr social-login wallets across Cosmos and Injective, while standard seed phrase and hardware wallets remained entirely unaffected. Blockchain tracking firm Bitquery identified over 51,000 impacted addresses across the Cosmos and Injective networks, whereas initial external theft estimates reached $6.01 million. Web3Auth has strongly contested ...