Keplr's recent security incident has raised fresh concerns about social login wallets.
Between November 6 and 7, some Google and Apple login wallets were affected by a vulnerability involving Web3Auth.
Blockchain analytics firm Bitquery reported that over 44,000 wallets were involved, with approximately $6.01 million in assets transferred to two addresses.
However, some transfers were part of recovery efforts to protect remaining funds, not necessarily theft.
Keplr confirmed that recovery phrase and hardware wallets were not affected.
The incident highlights an important lesson: convenience should never come before control and security when managing crypto assets.
What do you think this incident teaches crypto users about wallet security? Share your thoughts in the comments.
Disclaimer: Do Your Own Research (DYOR) before making any investment decisions. This is not financial advice.