NewsAltcoins & DeFi

TRON wallets lose $4M USDT

A network of 365 TRON addresses has been linked to at least $4 million in USDT thefts. The investigation by Bitquery found that 89 addresses lost only TRX, while 43 collector wallets were linked to a common wallet used to pay transaction fees. This highlights the risk of zero-click iOS exploits for crypto investors, particularly those using TRON wallets.

Blockchain data firm Bitquery has traced at least $4 million in USDT thefts to a network involving 365 TRON addresses.

The investigation covers Oct. 5 through Nov. 4, and the 365-address total includes 89 addresses that lost only TRX. Bitquery linked 43 collector wallets through funding flows to a common wallet used to pay transaction fees.

Security Alliance separately logged six iOS wallet-compromise reports involving approximately $127,000 in losses during Oct. 28 through Nov. 3, across multiple Trust Wallets and one Uniswap Wallet. Device-security research has documented the broader iPhone threat, with spyware variants showing wallet-data collection capabilities and completed crypto theft.

Trust Wallet reinforced device-security advice, urging users to install the latest iOS available for their devices and keep recovery phrases and private keys out of screenshots and notes.

Source: cryptoslate.com

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