Indian Clarity

Light. Truth. Clarity.

Loading ad...
Blockchain

How browser extensions expose crypto to a fatal design flaw the industry ignored, bleeding $713M in 2025

How browser extensions expose crypto to a fatal design flaw the industry ignored, bleeding $713M in 2025Personal wallet hacks hit $713 million in 2025, noting the problem isn't users, but the browser layer best practices. Gino Matos Dec. 27, 2025 at 2:35 pm UTC 6 min read Updated: Dec.

How browser extensions expose crypto to a fatal design flaw the industry ignored, bleeding $713M in 2025

How browser extensions expose crypto to a fatal design flaw the industry ignored, bleeding $713M in 2025

Credit: Cryptoslate

Key Highlights

  • 27, 2025 at 10:37 am UTC Share Cover art/illustration via CryptoSlate.
  • Image includes combined content which may include AI-generated content.
  • Trust Wallet's Chrome extension shipped a malicious update in December, exfiltrating wallet data and draining roughly $7 million from hundreds of accounts before the company pushed a fix. The compromised version 2.68 was live for days, auto-updating in the background, the way browser extensions are designed to.
  • Users who followed every standard self-custody rule, such as never sharing their seed phrase, checking URLs, and using reputable wallets, still lost funds. The attack targeted the browser layer, not the blockchain, and it exposed a persistent trade-off that the industry has spent years trying to ignore: browser-extension wallets are always-on hot wallets sitting in one of the most hostile environments in computing. This wasn't an isolated case.
  • MetaMask's security team documented a fake Google Chrome extension called “Safery: Ethereum Wallet” that lived in the official Chrome Web Store from late September until mid-November, stealing seed phrases. Chainalysis estimates that crypto theft reached $3.4 billion in 2025, with personal wallet compromises accounting for 20% of that total, or $713 million.
Loading ad...

Sources

  1. How browser extensions expose crypto to a fatal design flaw the industry ignored, bleeding $713M in 2025

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Related Stories

Loading ad...