- Trust Wallet compensates users after a security breach affecting browser extension.
- Users advised to update wallets and migrate funds.
- Browser extension version 2.68 victims were targeted by attackers.
Trust Wallet updated users on a security breach linked to its Browser Extension v2.68, causing approximately $7 million in crypto losses, urging users to migrate assets immediately.
The breach highlights vulnerabilities in browser extensions and emphasizes the need for robust security protocols, impacting user trust and cryptocurrency market dynamics.
Trust Wallet Completes Initial Compensation Amid Security Breach
Trust Wallet announced the first batch of compensation for the browser extension v2.68 security incident. During December 2025, attackers exploited a leaked API key, distributing altered software that exfiltrated user keys.
“Affected users are urged to move funds to new wallets and utilize the ‘Migration of Assets’ feature to ensure the security of their assets.” — Trust Wallet Support Team
Trust Wallet collaborates with blockchain analytics partners to track compromised funds. Community reactions include critiques over Trust Wallet’s initial response speed. Prominent researchers flagged potential vulnerabilities, resulting in increased scrutiny and pressure on the platform.
Connection to Past Supply-Chain Attacks
Did you know? The Trust Wallet breach links to the Sha1-Hulud event, where Chrome Web Store vulnerabilities allowed malicious uploads—highlighting recurring risks in supply-chain attacks.
According to CoinMarketCap, Ethereum (ETH) reported a price of $3,366.39 on January 15, 2026, with a 24-hour trading volume approximating $30.59 billion. Ethereum’s 24-hour price alteration noted a 2.19% increment. Ethereum’s 90-day fluctuations marked a downturn of 10.80%.
Coincu’s research indicates that the security incident may amplify regulatory scrutiny on crypto wallet tools. Blockchain monitoring might advance to inhibit vulnerabilities in browser extension deployments, leading to enhanced digital asset protection strategies.
| 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. |
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