Data Leaks Affect 54,000 Trezor and SafePal Users

A new wave of data leaks has exposed information linked to approximately 54,000 users of Trezor and SafePal, raising concerns about phishing campaigns targeting cryptocurrency holders.

According to the reported incidents, users' private keys and hardware wallet security were not compromised. Because hardware wallets store private keys offline on the device itself, contact data exposed in such breaches typically cannot be used to access funds directly. However, attackers may leverage the exposed personal information — such as names, email addresses, or contact details — to conduct social engineering attacks. Security experts generally advise users to remain cautious of unsolicited messages and to never share wallet recovery phrases or private keys.

The risk is well documented in the industry: phishing and social engineering rank among the most common ways cryptocurrency holders lose funds, and attackers routinely impersonate wallet vendors through fake breach notifications, security alerts, and "compensation" offers. Trezor has previously warned users about phishing waves that followed breaches at third-party email providers, including a 2022 incident involving its newsletter mailing list. The latest incidents again highlight the ongoing cybersecurity risks surrounding third-party service providers and the customer data they handle.

Galaxy Sees Low Odds for the CLARITY Act

In a separate development, Galaxy — the crypto-focused financial services firm led by Mike Novogratz — reportedly estimates that the CLARITY Act has only a 10% probability of becoming law, despite a planned meeting at the White House.

The assessment suggests the firm remains cautious about the legislation's prospects, even as policymakers continue discussions on the future of U.S. crypto regulation. The CLARITY Act is intended to provide a clearer regulatory framework for digital assets, including how oversight responsibilities are divided between the SEC and the CFTC and how a token may transition from being treated as a security to a commodity. The bill passed the U.S. House of Representatives in July 2025, but its path through the Senate remains uncertain — an outlook reflected in assessments such as Galaxy's.

Cointelegraph covered both stories on X as part of its weekly Hodler's Digest:

LATEST: Data leaks expose 54,000 Trezor and SafePal users to phishing scams and the CLARITY Act odds are just 10% says Galaxy despite a planned White House meeting. More on Hodler's Digest this week: pic.twitter.com/ziUtUgHmhj

— Cointelegraph (@Cointelegraph), August 17, 2026

Security and Regulation Remain in Focus

The latest developments underscore two major themes shaping the crypto industry: protecting users from increasingly sophisticated phishing attacks and achieving greater regulatory clarity.

While wallet providers continue strengthening security measures, users are encouraged to verify all communications carefully and rely only on official channels. At the same time, market participants will continue monitoring the planned White House meeting and the Senate's handling of the CLARITY Act for signs of progress on crypto regulation.

Source: CoinoMedia