1 hour ago
Changpeng Zhao, a co-founder of Binance, which owns the utility, said the losses volition beryllium reimbursed.
Updated Dec 26, 2025, 9:56 a.m. Published Dec 26, 2025, 9:53 a.m.
Trust Wallet users mislaid much than $7 cardinal soon aft it released an updated mentation of its hold for the Chrome web browser. The stolen funds will beryllium reimbursed, said Changpeng Zhao, a co-founder of crypto speech Binance, which owns the utility.
The breach, flagged Dec. 25 by onchain detective ZachXBT, was confirmed by the wallet team.
"Community alert: A fig of Trust Wallet users person reported that funds were drained from wallet addresses wrong the past mates hours," ZachXBT posted connected Telegram. "While the nonstop basal origin has not been determined coincidentally the Trust Wallet Chrome hold pushed a caller update yesterday."
Crypto wallets store the keys to users' cryptocurrency holdings, and malicious actors who summation entree tin authorize transfers of funds to destinations they control. Crypto theft roseate to $6.75 cardinal this year, according to a Chainalysis report. The fig of idiosyncratic wallet compromises surged to 158,000 from 64,000 past year, though the magnitude stolen accounted for 20% of the total, down from 44%, it said.
The breach affects mentation 2.68 of Trust Wallet's browser extension, the wallet squad posted connected X, urging users not to unfastened that mentation and to upgrade to mentation 2.69. "Mobile-only users and each different browser hold versions are not impacted."
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