Trust Wallet Investigates $6M Losses in Browser Extension Breach

2 mins mins

Key Points:

Trust Wallet browser extension v2.68 reported a significant security breach.
Users reported at least $6 million in losses.
ZachXBT suggests potential compensation if Trust Wallet is found responsible.

Trust Wallet users reported losses totaling approximately $6.00 million due to a security breach in browser extension version 2.68, confirmed by investigator ZachXBT and Trust Wallet’s subsequent advisory.

With exposed funds and potential liabilities, this incident raises questions about Trust Wallet’s security measures, pushing users to reconsider reliance on browser-based cryptocurrency wallets.

Trust Wallet’s $6M Breach: Immediate Action and Response

Security Alert: A security incident has been confirmed in Trust Wallet Browser Extension version 2.68. Users of this version must immediately stop using it and update to version 2.69, where the vulnerability has been fixed. Mobile apps and other extension versions are not affected.

The breach has instigated potential changes necessitating Trust Wallet to provide compensations if their responsibility is substantiated. This development follows losses reported by affected users, surging trust concerns around browser-based wallet security practices.

Community and investigative reactions emphasize immediate calls for enhanced security protocols. ZachXBT highlighted the necessity for vigilance and transparency, pressing Trust Wallet for resolutions and compensations, which could ameliorate trust deficits significantly.

Broader Market Effects and Prospective Regulatory Actions

Did you know? The Trust Wallet breach underscores the risks associated with browser extensions, reminiscent of past incidents like the Ledger data breach in 2020, heightening demands for stringent security measures.

As reported by CoinMarketCap, Ethereum is trading at $2,895.61 with a market cap of $349.49 billion and a 24-hour trading volume decline of 11.05%. Its recent performance reflects price drops, including a 30.74% dip over 60 days, amid broader market sentiment affecting numerous crypto assets.

ethereum-daily-chart-2331 — Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 00:44 UTC on December 26, 2025. *Source: CoinMarketCap*

Coincu’s analysis suggests potential regulatory discussions around mandating robust security checks for wallet providers to bolster user trust. With multi-million-dollar losses at stake, the rising calls for transparency and compensation plans are gaining momentum within the crypto community.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.