Trust Wallet says 2,596 wallets drained in $7 million crypto theft attack
Trust Wallet says attackers who compromised its browser extension right before Christmas have drained approximately $7 million from nearly 3,000 cryptocurrency wallet addresses.
The cryptocurrency wallet (used by over 200 million people according to its official website) allows users to store, send, receive, and manage Bitcoin, Ethereum, Solana, and thousands of other cryptocurrencies and digital tokens using a browser extension and free iOS and Android mobile apps.
Trust Wallet launched in 2017 and was acquired by Binance, one of the world’s largest cryptocurrency exchanges, the following year. Despite this, it still operates as a separate, decentralized wallet application.
