ALERT: Trezor says a third-party email provider was breached; probe ongoing, users warned against links in fake "Critical Security Alert" messages

Trezor reported a breach at a third-party email provider, enabling phishing emails masquerading as "Critical Security Alert" messages. While the incident does not imply a direct compromise of wallets, it raises near-term operational and trust risk for self-custody users and could elevate security-driven caution across crypto markets. Short-term impact is primarily on sentiment and user behavior (inflows to exchanges, wallet setup activity) rather than protocol fundamentals.