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Altcoins & DeFi

Dogecoin Contributor Flags Social Signing as Potential Wallet Security Risk

Image: U.Today

This comes after Keplr, a multichain wallet supporting Cosmos, Bitcoin, Ethereum, and Starknet, stated it had received reports of unauthorized transactions on some Keplr accounts created with Google or Apple login. The wallet provider stated that the incident has been escalated to the Web3Auth team, with both working together to investigate the matter. Before Keplr's disclosure, Web3 wallet infrastructure provider Web3Auth said it was aware of a security issue affecting Web3Auth's services used by some third parties. It stated that it had temporarily paused the embedded wallet service in response to the issue; however, after an initial investigation, no evidence was found that MetaMask users were impacted. In his X post, Mishaboar criticized social signing.

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