Trust Wallet users lost ~$7M in a Christmas Day exploit after a malicious browser extension update. CZ says all losses will be covered.

Trust Wallet users lost ~$7M in a Christmas Day exploit after a malicious browser extension update. CZ says all losses will be covered.


SlowMist reports the backdoor was prepared weeks in advance, exfiltrated user data, and shows strong signs of insider involvement.

Hundreds of users affected; desktop extension users urged to update immediately.  

#TrustWallet#CryptoHack#CyberSecurity#WalletSecurity#InsiderThreat#Web3#CryptoNews#Binance#CZ  

https://cointelegraph.com/news/trust-wallet-cover-7m-hack-zhao  bc462f8c23277abbde50012b20f94ecaeca6e2d5f61556591e6da7c01cde0031.png  

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Trading The King of Crypto

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