Today in crypto, over 40 fake Firefox extensions impersonating popular crypto wallets have been used in an ongoing campaign to steal users’ wallet credentials, Ripple is applying for a national bank charter in the United States, and US President Donald Trump’s wealth has grown by $620 million from his crypto ventures.
Crypto theft campaign hits Firefox users with wallet clones
More than 40 fake extensions for the popular web browser Mozilla Firefox have been linked to an ongoing malware campaign to steal cryptocurrencies, according to a report published Wednesday by cybersecurity firm Koi Security.
The large-scale phishing operation reportedly deploys extensions impersonating wallet tools such as Coinbase, MetaMask, Trust Wallet, Phantom, Exodus, OKX, MyMonero, Bitget and others. Once installed, the malicious extensions are designed to steal users’ wallet credentials.
“So far, we were able to link over 40 different extensions to this campaign, which is still ongoing and very much alive,” the company said.
Koi Security said the campaign has been active since at least April, and the most recent extensions were uploaded last week. The extensions reportedly extract wallet credentials directly from targeted websites and upload them to a remote server controlled by the attacker.
Ripple applies for US banking license, joining crypto rush for legitimacy
Crypto firm Ripple Labs is applying for a banking license in the US, following a similar move by stablecoin issuer Circle Internet Group, as crypto firms look to be regulated to deepen ties with traditional finance.
Ripple CEO Brad Garlinghouse wrote to X on Wednesday that the company is applying for a license with the US national bank regulator, the Office of the Comptroller of the Currency (OCC), confirming an earlier report from The Wall Street Journal.
“True to our long-standing compliance roots, Ripple is applying for a national bank charter from the OCC,” he wrote.
Garlinghouse said if the license is approved, it would be a “new (and unique!) benchmark for trust in the stablecoin market” as the firm would be under federal and state oversight — with the New York Department of Financial Services already regulating its Ripple USD (RLUSD) stablecoin.
Trump’s crypto ventures have added $620 million to his net worth — Report
US President Donald Trump, with an estimated net worth of more than $6 billion, has reportedly added at least $620 million to his portfolio in a matter of months, thanks to ventures connected to the cryptocurrency industry.
According to a Wednesday Bloomberg report, Trump’s crypto holdings represented “a sizeable portion” of his wealth for the first time, mainly due to windfalls from his family-backed crypto business World Liberty Financial and his personal memecoin, Official Trump .
Though the bulk of his net worth comprised stakes in his media venture, Trump Media and Technology Group, and real estate, crypto ventures reportedly accounted for roughly 9% of his wealth as of June.
Trump and his three sons reportedly earned $390 million through the $550 million in token sales at World Liberty Financial, and collectively hold more than $2 billion worth of the company’s governance tokens, WLF. The business also could have netted $100 million following a $2 billion deal in which Abu Dhabi-based investment firm MGX used the platform’s USD1 stablecoin to settle an investment in crypto exchange Binance.
Concerning his memecoin, which drew criticism from many US lawmakers after the president announced a dinner for the top 220 tokenholders and a “VIP tour,” Trump’s investment was reportedly worth roughly $150 million. However, millions of TRUMP tokens are set to be gradually unlocked over the next three years, and it remains unclear whether the president will be entitled to claim additional tokens.
