Trust Wallet Hack: What Happened?A major security incident involving Trust Wallet was confirmed on December 26, 2025, after a supply-chain attack compromised itsTrust Wallet Hack: What Happened?A major security incident involving Trust Wallet was confirmed on December 26, 2025, after a supply-chain attack compromised its
Breaking: Trust Wallet Chrome Extension Hack Drains $7M, Full Reimbursements Promised
Trust Wallet Hack: What Happened?
A major security incident involving Trust Wallet was confirmed on December 26, 2025, after a supply-chain attack compromised its Chrome browser extension.
The attack targeted version 2.68 of the extension, where malicious code was injected into an official update, allowing attackers to steal user seed phrases and drain wallets.
Importantly, mobile-only Trust Wallet users were not affected.
Scope of the Losses
- Total funds stolen: approximately $7 million
- Chains affected: Bitcoin, Ethereum, Solana
- Victims: hundreds of users
- Individual losses: ranged from ~$50,000 up to $3.5 million per wallet
- On-chain confirmation: Funds were tracked moving to exchanges by investigators such as ZachXBT and Lookonchain
The exploit reportedly occurred on Christmas Day (Dec 25), before being publicly disclosed.
Binance & CZ Respond
Changpeng Zhao, founder of Binance, which owns Trust Wallet, publicly confirmed that:
All affected users will be fully reimbursed.
He also reassured users that funds and core systems remain safe, emphasizing that the issue was isolated to the compromised browser extension version.
Immediate Actions for Users
Trust Wallet has already released version 2.69, which removes the malicious code. Users are strongly advised to:
- Immediately disable and remove extension version 2.68
- Update to version 2.69 only
- Transfer assets to a brand-new wallet
- Assume seed phrases are compromised
Bigger Picture: Supply-Chain Risk Returns
This incident is another reminder that browser extensions remain a high-risk attack vector, even when updates come from official sources.
Security experts continue to stress:
- Use hardware wallets for large holdings
- Avoid keeping long-term funds in hot wallets
- Verify updates and announcements via official channels only
Market Opportunity
Intuition Price(TRUST)
$0.1087
$0.1087$0.1087
USD
Intuition (TRUST) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Will US Banks Soon Accept Stablecoin Interest?
The post Will US Banks Soon Accept Stablecoin Interest? appeared on BitcoinEthereumNews.com. Coinbase CEO Brian Armstrong predicts US banks will reverse their stance
Share
BitcoinEthereumNews2025/12/27 22:36
ArtGis Finance Partners with MetaXR to Expand its DeFi Offerings in the Metaverse
By using this collaboration, ArtGis utilizes MetaXR’s infrastructure to widen access to its assets and enable its customers to interact with the metaverse.
Share
Blockchainreporter2025/09/18 00:07
BlackRock boosts AI and US equity exposure in $185 billion models
The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44