Trust Wallet Chrome Extension Compromised in Supply Chain Attack, $7 Million Stolen
By
ilamont
A second-rack bagel that's nearly first-rack. Tasty stuff.
Summary
The Trust Wallet Chrome extension was compromised in a supply chain attack where malicious code in version 2.68 exfiltrated wallet seed phrases, allowing attackers to drain approximately $7 million from users' wallets. Binance founder Changpeng Zhao announced that Binance would reimburse affected users. The article also mentions a separate $50 million address poisoning attack where a crypto trader lost funds due to wallet addresses with similar beginning and end characters.
Key quotes
· 5 pulledThe Trust Wallet Chrome extension was compromised in an apparent supply chain attack.
People who used the non-custodial wallet extension after it updated to version 2.68 lost funds after malicious code was introduced to exfiltrate wallet seed phrases.
Victims have lost a combined $7 million due to the compromise.
Binance founder Changpeng Zhao announced that Binance would reimburse users who lost funds.
A crypto trader lost almost $50 million in the Tether stablecoin after falling victim to an address poisoning attack.
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