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Keplr and Web3Auth Breach Triggers Over $6 Million in Cosmos Transfers

A Web3Auth vulnerability exposed private keys of Keplr wallet users, prompting the suspension of Google and Apple wallet logins. The incident triggered more than $6 million in unauthorized Cosmos-related transfers affecting thousands of wallets. Web3Auth stated that it moved $5.6 million from exposed Keplr wallets to protect funds from hackers, while noting some assets may have been stolen. Both entities stated around $6.01 million in transfers were recovery operations. These actions included moving 2,265.59 staked ATOM from six Cosmos Hub accounts.

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