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CZ Confirms Trust Wallet Users Will Be Reimbursed After $7 Million Browser Extension Hack
Binance CEO Changpeng Zhao stated that user funds are "SAFU" after a Trust Wallet browser extension exploit enabled attackers to steal $7 million in crypto. The incident involved Version 2.68 of the desktop extension, and Trust Wallet has issued Version 2.69 to patch the vulnerability. On-chain data shows roughly $2.8 million remains in attacker addresses, while more than $4 million has been routed through centralized exchanges.
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1h ago
Lithuania Sets December 31, 2025 Cutoff for Crypto Service Licensing Compliance
The Bank of Lithuania has set December 31, 2025 as the final date for crypto-asset service providers to obtain licenses, making unlicensed activity illegal afterward. The mandate, which affects more than 120 operating firms and additional entities under review, aligns national rules with the EU’s MiCA framework and introduces penalties including fines, website blocking, and potential imprisonment. Market observers note that this shift is likely to reshape business structures and client communication practices across Lithuania’s crypto sector.
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