Trust Wallet users lose $7 million to hacked Chrome extension

Trust Wallet users lose $7 million to hacked Chrome extension Changpeng Zhao, a co-founder of Binance, which owns the utility, said the losses will be reimbursed. What to know: Trust Wallet users lost about $7 million following an update to its Chrome extension. Binance co-founder Changpeng Zhao said the losses will be reimbursed. Users are advised to avoid version 2.68 of the extension and upgrade to version 2.69. Trust Wallet users lost more than $7 million shortly after it released an updated version of its extension for the Chrome web browser. The stolen funds will be reimbursed , said Changpeng Zhao, a co-founder of crypto exchange Binance, which owns the utility. Trust Wallet users lost some $7 million through a compromised Chrome browser extension. (Andrew Khoroshavin/Pixabay modified by CoinDesk) The breach, flagged Dec. 25 by onchain detective ZachXBT , was confirmed by the wallet team. See all newsletters "Community alert: A number of Trust Wallet users have reported that funds were drained from wallet addresses within the past couple hours," ZachXBT posted on Telegram. "While the exact root cause has not been determined coincidentally the Trust Wallet Chrome extension pushed a new update yesterday." Crypto wallets store the keys to users' cryptocurrency holdings, and malicious actors who gain access can authorize transfers of funds to destinations they control. Crypto theft rose to $6.75 billion this year, according to a Chainalysis report . The number of personal wallet compromises surged to 158,000 from 64,000 last year, though the amount stolen accounted for 20% of the total, down from 44%, it said. The breach affects version 2.68 of Trust Wallet's browser extension, the wallet team posted on X , urging users not to open that version and to upgrade to version 2.69. "Mobile-only users and all other browser extension versions are not impacted." More For You State of the Blockchain 2025 L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below. What to know: 2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns. This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026. More For You Crypto M&A hits record $8.6 billion in 2025 as Trump’s regulatory stance spurs deals The largest deals of the year included Coinbase's $2.9 billion acquisition of Deribit, Kraken's $1.5 billion purchase of NinjaTrader, and Ripple's $1.25 billion buyout of Hidden Road. What to know: The crypto industry saw a record $8.6 billion in mergers and acquisitions in 2025, up from $2.17 billion in 2024, helped by President Trumps embrace of the sector. The largest deals of the year included Coinbase's $2.9 billion...

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