🚨 KEPLR Wallet Hacked, Social Login Users Affected 🧠

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- Keplr Wallet was hacked, affecting users who signed in with Google or Apple
- Web3Auth said that some flagged addresses hold funds it safeguards on behalf of users
- The incident highlights the potential risks of social logins to Web3 asset security
- The market is watching fund movements and subsequent security remediation measures 🔥

- This incident could heighten short-term market panic
- Whales may seize the opportunity to buy the dip or distribute at higher prices
- Volatility is expected to rise, and investors should watch out for spillover selling pressure
- The market may remain choppy with a downward bias in the short term

- How do you think the security risks of social login wallets should be addressed?

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#DeFi #Crypto #Security #Altcoins #Whales