Web3Auth Frontruns Keplr Exploit: $5.6M Moved to Recovery Wallets as Social-Login Vulnerability Hits Cosmos Ecosystem
Web3Auth's private-key exposure hit 44,000+ Cosmos addresses via social login; $5.6M was moved to recovery wallets ahead of attackers, but the net loss remains disputed — ATOM faces short-term bearish pressure while the recovery outcome is unresolved.