Trust Wallet Hack: $7M Stolen via Compromised Chrome Extension - Security Alert

A major security breach has impacted users of the popular Trust Wallet cryptocurrency platform, resulting in losses estimated at $7 million. The incident was linked to a compromised version of the Trust Wallet Chrome browser extension. Reports indicate that a malicious update to the extension allowed attackers to drain funds from users' wallets. Trust Wallet has advised users to immediately switch to the mobile application or hardware wallets for enhanced security while the issue with the browser extension is investigated. This event highlights the persistent risks associated with browser-based crypto tools and the importance of safeguarding private keys. The team is working to resolve the vulnerability and has urged the community to remain vigilant against phishing attempts and to only use official download sources.