Trust Wallet Hack: Insider Job Steals $7M
Update: 2025-12-26
Description
Trust Wallets browser extension suffered a major security breach, with attackers stealing around seven million dollars in funds. The popular crypto wallet, owned by Binance, urged users to update to the latest version. Binance co-founder Changpeng Zhao promised to cover all lost money for affected users. The attack, which involved a backdoor, also compromised personal details. Experts suggest possible insider help, and the crypto world is watching closely as Trust Wallet patches things up.
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