CZ Warns Crypto Wallet Users Using Social Logins Over Web3Auth Security Issue
Summary
- Changpeng Zhao warned users of cryptocurrency wallets that use social login features about a Web3Auth security issue.
- Zhao said a security issue had been raised at Web3Auth and urged caution for users accessing cryptocurrency wallets through social login methods.
- The cause of the vulnerability, the scale of any damage and the range of affected wallet services have not been confirmed.
Forecast Trend Report by Period
Binance co-founder Changpeng Zhao warned cryptocurrency wallet users who rely on social login features about a security issue involving Web3Auth.
Cointelegraph reported on November 8 that Zhao said a security issue had been raised at Web3Auth and urged caution for users accessing crypto wallets through social login methods.
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 range of affected wallet services have not been confirmed.
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