Hacking News
Web3Auth Disputes $6.01 Million Keplr Theft Estimate
Web3Auth, a social-login provider, disputes a $6.01 million estimate of a theft from Keplr social-login wallets. The company claims that the funds moved to verified recovery wallets, not to an attacker's pocket. The incident highlights the vulnerability of social-login wallets and the challenges in accurately assessing crypto security breaches in real-time.