Trust Wallet has confirmed a security incident involving version 2.68 of its browser extension, following reports of unauthorized fund losses. The company statedTrust Wallet has confirmed a security incident involving version 2.68 of its browser extension, following reports of unauthorized fund losses. The company stated

Trust Wallet Confirms Security Issue After User Funds Go Missing

Trust Wallet has confirmed a security incident involving version 2.68 of its browser extension, following reports of unauthorized fund losses. The company stated that the issue was limited to this specific version and did not affect its mobile applications or other platforms.

Blockchain investigator ZachXBT estimated that user losses totaled approximately $7 million. The incident gained attention after several users reported missing funds shortly after interacting with the affected extension version.

Investigation Ongoing as Thousands of Wallets Identified

On December 28, Trust Wallet CEO Eowyn Chen said the company was still investigating the incident and working to verify affected users. According to Chen, the team has identified 2,596 wallet addresses connected to the issue so far, while roughly 5,000 refund requests have been submitted.

Chen noted that a significant number of submitted claims were either duplicates or potentially fraudulent. To address this, Trust Wallet is cross-referencing multiple data sources to confirm legitimate cases before issuing compensation.

Preliminary findings suggest the incident may have involved malicious interactions or unauthorized access linked specifically to the browser extension environment, rather than a direct breach of Trust Wallet’s core systems. Browser-based wallets are generally more exposed to phishing attempts, malicious scripts, and compromised extensions, which can lead to private key or signing vulnerabilities if users unknowingly approve harmful transactions.

Trust Wallet emphasized that the exploit did not stem from its mobile applications and reiterated that the issue was isolated. The company said resolving verified claims and publishing a full technical breakdown of what occurred remain top priorities as the investigation continues.

Market Opportunity
Intuition Logo
Intuition Price(TRUST)
$0.1075
$0.1075$0.1075
-1.10%
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

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

The post American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight appeared on BitcoinEthereumNews.com. Key Takeaways: American Bitcoin (ABTC) surged nearly 85% on its Nasdaq debut, briefly reaching a $5B valuation. The Trump family, alongside Hut 8 Mining, controls 98% of the newly merged crypto-mining entity. Eric Trump called Bitcoin “modern-day gold,” predicting it could reach $1 million per coin. American Bitcoin, a fast-rising crypto mining firm with strong political and institutional backing, has officially entered Wall Street. After merging with Gryphon Digital Mining, the company made its Nasdaq debut under the ticker ABTC, instantly drawing global attention to both its stock performance and its bold vision for Bitcoin’s future. Read More: Trump-Backed Crypto Firm Eyes Asia for Bold Bitcoin Expansion Nasdaq Debut: An Explosive First Day ABTC’s first day of trading proved as dramatic as expected. Shares surged almost 85% at the open, touching a peak of $14 before settling at lower levels by the close. That initial spike valued the company around $5 billion, positioning it as one of 2025’s most-watched listings. At the last session, ABTC has been trading at $7.28 per share, which is a small positive 2.97% per day. Although the price has decelerated since opening highs, analysts note that the company has been off to a strong start and early investor activity is a hard-to-find feat in a newly-launched crypto mining business. According to market watchers, the listing comes at a time of new momentum in the digital asset markets. With Bitcoin trading above $110,000 this quarter, American Bitcoin’s entry comes at a time when both institutional investors and retail traders are showing heightened interest in exposure to Bitcoin-linked equities. Ownership Structure: Trump Family and Hut 8 at the Helm Its management and ownership set up has increased the visibility of the company. The Trump family and the Canadian mining giant Hut 8 Mining jointly own 98 percent…
Share
BitcoinEthereumNews2025/09/18 01:33
Trust Wallet Chrome Extension Removed Temporarily After Update Bug

Trust Wallet Chrome Extension Removed Temporarily After Update Bug

Trust Wallet’s Chrome extension became unavailable after a technical issue delayed an update adding reimbursement tools for hack victims. Trust Wallet’s browser
Share
LiveBitcoinNews2026/01/02 07:59
Ethereum 2026 Vision Focuses On Security Privacy and Independence From Big Companies

Ethereum 2026 Vision Focuses On Security Privacy and Independence From Big Companies

Ethereum achieved gas limit and zkEVM upgrades in 2025 while planning scalability and decentralization for 2026. Ethereum co-founder Vitalik Buterin shared a detailed
Share
LiveBitcoinNews2026/01/02 08:07