Users of Trust Wallet have reportedly lost $7 million due to a hacked Chrome extension. Changpeng Zhao, a co-founder of Binance, which owns the utility, stated that the losses will be reimbursed, according to reports. The development highlights the ongoing security risks associated with cryptocurrency wallets and browser extensions. The incident underscores the importance of user vigilance and robust security measures within the cryptocurrency ecosystem.

Users of Trust Wallet have reportedly lost $7 million due to a hacked Chrome extension. Changpeng Zhao, a co-founder of Binance, which owns the utility, stated that the losses will be reimbursed, according to reports. The development highlights the ongoing security risks associated with cryptocurrency wallets and browser extensions. The incident underscores the importance of user vigilance and robust security measures within the cryptocurrency ecosystem.