Trust Wallet Will Cover $7M Lost in Christmas Day Hack, CZ Says

In a shocking turn of events for the global crypto news community, Trust Wallet users lost approximately $7 million in a Christmas Day hack a breach that cybersecurity experts suggest may involve insider activity. The attack targeted the wallet’s browser extension, compromising user funds and even exporting personal information to a hacker-controlled server. According to the blockchain analytics firm SlowMist, the attacker had…

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Crypto Hacks Surpass $142M in July 2025, CoinDCX Tops Losses as Offchain Attacks Rise

The crypto industry saw a sharp surge in security breaches in July 2025, with cybercriminals stealing at least $142 million across 17 different attacks. According to new data from blockchain security firm PeckShield, the CoinDCX exchange suffered the month’s largest loss, highlighting a worrying trend of offchain exploits and advanced social engineering attacks targeting major…

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