MANTRA has frozen all new unstaking requests for 7 days following a private-key leak tied to Web3Auth and Keplr wallets.
What traders and stakers need to know:
• The Breach: A Web3Auth flaw exposed private keys for Keplr wallets created via Google or Apple logins, letting hackers drain liquid tokens and trigger unstaking.
• Chain Defense: MANTRA froze attacker wallets via Governance Proposal No. 41 and will review—or extend—the pause after 7 days.
• Urgent Action: Active unstakes are not paused. Tokens in the 8-day unbonding window must be redelegated immediately before expiry so hackers cannot claim them.
Market View: The breach sparked a 5%–8% pullback, though halting new unstakes temporarily reduces spot sell pressure. Audit social-login wallets and manage risk.
Holding or trading through the 7-day review? Drop your take below 👇
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