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CZ Warns Crypto Wallet Users Using Social Logins Over Web3Auth Security Issue

Source
JH Kim

Summary

  • Changpeng Zhao warned cryptocurrency wallet users who rely on social login features about a Web3Auth security issue.
  • He said a security issue had been raised at Web3Auth and urged caution for users accessing cryptocurrency wallets through social logins.
  • The specific cause of the vulnerability and the scale of any damage, as well as the range of wallet services affected, were not confirmed.

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Binance co-founder Changpeng Zhao warned cryptocurrency wallet users who rely on social login features about a security issue related to Web3Auth.

Cointelegraph reported on November 8 that Zhao urged caution for users accessing crypto wallets through social logins after a security issue was raised at Web3Auth.

The warning applies to wallet users who use social login features. Web3Auth is a service that provides wallet authentication through social accounts.

The cause of the vulnerability, the scale of any damage and the scope of affected wallet services have not been confirmed.

Photo: Shutterstock
Photo: Shutterstock
#Crypto Security
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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