Hack drains $7 million in crypto from Binance’s Trust Wallet. On Thursday, Trust Wallet announced a “security incident” affecting version 2.68 of its Chrome extension. Binance founder Changpeng Zhao confirmed that the hack impacted $7 million and that Trust Wallet “will cover” the losses. The breach reportedly led to about $7 million in losses, and Binance founder Changpeng Zhao confirmed the incident, stating that Trust Wallet will cover the losses.

The affected users are those using the Binance-owned wallet’s Chrome extension. The incident is described by Trust Wallet as a security incident, with an ongoing investigation into the cause. No further details have been provided about remediation steps or timing for fixes.

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