Trust Wallet to Reimburse Some Users After $7M Chrome Extension Hack
Trust Wallet is reimbursing a portion of users impacted by a breach linked to its Chrome browser extension after attackers rapidly drained about $7 million in digital assets. Reports indicate the company has framed the incident as limited, but affected users and onlookers say the response has been insufficient given the scale and speed of the losses.
The episode underscores persistent risks around browser extensions and third-party integrations in web3, where a single compromised extension can expose many wallets. Beyond reimbursements, the incident may prompt closer scrutiny from security researchers and regulators and serves as a reminder for users to review extension permissions, keep backups, and consider hardware wallets for large holdings.