Trust Wallet to Reimburse Some Users After $7M Chrome Extension Hack

Published at 2026-01-05 22:00:09

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.

Share on:

Related news

Neutron Halts Services After White-Hat Flags Vulnerability

Neutron (NTRN) has suspended services until at least March 9 after a white-hat researcher flagged a vulnerability in its code, prompting an immediate security update and investigation. The pause affects the blockchain’s BTCFi yield products for BTC holders.

Published at 2026-03-03 15:45:49
UK Security Chief Urges Temporary Ban on Crypto Political Donations

The UK's security chief has called for a temporary ban on cryptocurrency donations to political parties amid security and transparency concerns. The appeal follows Reform UK's move last May to accept Bitcoin and other digital assets.

Vitalik Buterin: DeFi Still Core to Ethereum’s Vision

Vitalik Buterin reiterated that decentralized finance remains central to Ethereum, stressing robust security, stronger privacy protections, and a user-first financial experience as priorities for ongoing development.

Published at 2026-02-24 20:31:00
Step Finance and SolanaFloor Shut Down After Late‑January Treasury Hack

Step Finance and SolanaFloor announced they are ceasing operations effective immediately following a late‑January treasury hack that impacted Step Finance. The closures represent a significant setback for early projects in the Solana ecosystem.

Published at 2026-02-24 02:45:16
Revolut Says Ex-Employee Accused of Extortion, Threatened KYC Data Leak

A crypto trader alleges a former Revolut employee tried to extort him and contacted his family, claiming to possess KYC data. Revolut says it has opened an investigation and that its systems were not compromised.

Published at 2026-02-23 14:45:25