A significant security breach has impacted Trust Wallet, affecting hundreds of users and resulting in approximately $6.77M in stolen funds. According to on-chain tracking, the attacker has already moved around $4.25M through multiple platforms including ChangeNOW, FixedFloat, KuCoin, and HTX. In response, leadership from major exchanges has committed to comprehensive loss recovery measures. The incident highlights ongoing security challenges in the custody ecosystem and underscores the importance of wallet security practices within the broader digital asset landscape.

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