Trust Wallet Breach: What You Need to Know
Recent headlines have revealed a critical security breach in Trust Wallet, one of the most widely used cryptocurrency wallets. This incident has left users concerned about the safety of their digital assets, as the hack resulted in losses exceeding $7 million. Here, we’ll break down what happened and how you can safeguard your crypto holdings.
The Incident: A Supply-Chain Attack
Trust Wallet confirmed that its browser extension version 2.68 was compromised in a targeted supply-chain attack. The attack involved a malicious JavaScript payload embedded within the extension’s code, which silently exfiltrated users’ seed phrases when entered. With these stolen seed phrases, attackers gained full access to affected wallets, draining funds across multiple blockchains, including Bitcoin, Ethereum, Solana, and BNB Chain.
By December 26, 2025, the company identified and announced the flaw, urging users to disable the affected version and immediately update to the new version, 2.69, available here. Mobile-only users were not impacted, though Trust Wallet advised increased caution across all extensions.
Lessons Learned: Protecting Your Crypto Investments
This breach underscores the importance of heightened vigilance and security in managing cryptocurrency wallets. Here are some actionable steps to protect your digital investments:
- Always use the latest version of wallet software and extensions to ensure you’re protected from known vulnerabilities.
- Be cautious when entering sensitive details, like recovery phrases, and verify the source before downloading extensions or apps.
- Enable two-factor authentication (2FA) for an added security layer where possible.
- Consider storing cryptocurrency in cold wallets or hardware wallets, such as the Ledger Nano X, which offers offline storage for cryptocurrency.
- Routinely monitor your wallet activity for unauthorized transactions to detect issues early.
Trust Wallet’s Response
Leading the remediation, Binance founder CZ assured affected users that their losses, totaling approximately $7 million, would be fully compensated. On-chain investigations revealed that significant sums had already been routed through instant exchanges and centralized platforms. The company continues to collaborate with security researchers and law enforcement to track the stolen funds.
Final Thoughts
While Trust Wallet has taken steps to address this incident, it highlights the evolving risks in the crypto sphere. By adopting safer practices and investing in secure storage options, you can protect yourself from similar threats. For secure hardware wallets like the Ledger Nano X, visit Ledger’s official store.
