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Trust Wallet's Chrome extension was hacked due to a supply chain attack, resulting in the theft of $8.5 million in assets. An attacker exploited leaked developer secrets to upload a malicious version of the extension, which harvested users' wallet information. Trust Wallet has begun a reimbursement process for affected users and implemented new security measures.
Balancer's DeFi protocol was exploited, resulting in a loss of $116 million due to a sophisticated code attack that targeted specific stable pools. The hacker manipulated a rounding function in conjunction with BatchSwaps to drain the funds. Balancer has paused affected pools and is working with partners to recover some of the stolen assets.
A recent hack of the cryptocurrency exchange Coinbase has raised concerns about security in the crypto industry. The breach reportedly involved unauthorized access to user accounts and the potential theft of funds, prompting discussions about the need for stronger security measures in digital asset platforms.
Indian crypto exchange CoinDCX has confirmed that approximately $44 million was stolen during a recent hack. The exchange is working to secure its platform and is investigating the breach to prevent future incidents.