Trust Wallet’s update includes a feature to help victims of a $7 million Christmas hack submit reimbursement claims for lost funds. The release of a new version is delayed due to a Chrome Web Store bug. 2,596 wallet addresses were affected, with around 5,000 claims received, highlighting the danger of crypto wallet browser extensions. Chen warns users of fake extensions until the new version is uploaded.

Trust Wallet was hacked on Christmas, draining over $7 million in user funds. Trust Wallet agreed to reimburse the injured parties. The incident underscores the risk of crypto wallet browser extensions and hot wallets connected to the internet. The attacker likely compromised the wallet through a supply chain exploit affecting the entire crypto industry. Trust Wallet’s GitHub development secrets were leaked, giving the hacker access to the browser extension source code. Binance co-founder CZ believes the hacker may have been an insider due to their familiarity with Trust Wallet’s code.

Read more at Cointelegraph: Trust Wallet CEO Provides Update on New Chrome Web Store Wallet Extension