Trust Wallet users suffer theft of USD 7 million

Trust Wallet, the bitcoin (BTC) and cryptocurrency wallet backed by Binance, suffered a security attack that led to the theft of $7 million.

From the Trust Wallet team reported that The problem only affects version 2.68 from the wallet browser extension.

“Users with version 2.68 should disable it and update to version 2.69. Please note: Mobile-only users and all other versions of browser extensions will not be affected. We understand how concerning this is and our team is actively working on the issue,” they noted.

Besides, they shared A guide for users to safely disable version 2.68:

  • Do not open the Trust Wallet extension on your desktop device, to ensure the security of your wallet and avoid further inconveniences.
  • Access the Chrome Extensions panel by copying the following link into the address bar (shortcut to the official Trust Wallet extension): chrome://extensions/?id=egjidjbpglichdcondbcbdnbeeppgdph
  • If the Trust Wallet extension is enabled, toggle the switch to “Off”.
  • Click “Developer Mode” located in the upper right corner.
  • Press “Refresh” in the upper left corner.
  • Check the version number: 2.69, which is the most recent and secure version.
Trust Wallet update details.Trust Wallet update details.
Details of the new Trust Wallet update after the hack. Fountain: Trust Wallet.

In this context, Changpeng Zhao (CZ), the founder of Binance, He confirmed through his social networks that 7 million dollars were affected by the hack.

In addition, he announced that Trust Wallet will cover the expenses. “User funds are safe. We appreciate your understanding for any inconvenience caused. The team is still investigating how hackers were able to submit a new version,” added.

The address attributed to the hacker has, at the time of this publication, funds of 1.21 million dollars.

It should be remembered that this is not the first time that Trust Wallet has had security problems. As CriptoNoticias has reported, the incident known as “Milk Sad”, which allowed the decryption of around 120,000 bitcoin private keys, affected some Trust Wallet extensions.

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