The post Trust Wallet Hacked: Funds Vanishing in Minutes appeared on BitcoinEthereumNews.com. A Confirmed Security Incident Shakes the Crypto Community A confirmedThe post Trust Wallet Hacked: Funds Vanishing in Minutes appeared on BitcoinEthereumNews.com. A Confirmed Security Incident Shakes the Crypto Community A confirmed

Trust Wallet Hacked: Funds Vanishing in Minutes

A Confirmed Security Incident Shakes the Crypto Community

A confirmed security incident involving Trust Wallet has shocked the crypto community. Users reported that funds were disappearing within minutes from their wallets. This prompted urgent warnings on social media and an official response from the wallet provider.

While the incident seems limited, its speed and visibility have reignited ongoing concerns about the security of browser-based wallets, especially since retail participation remains high.


What We Know So Far

Trust Wallet has acknowledged a security incident affecting its browser extension, confirming that version 2.68 of the Trust Wallet Browser Extension is at risk.

The company advises users running this specific version to disable the extension immediately and upgrade to version 2.69 from the official Chrome Web Store. Users of mobile-only versions and those with other extension versions are said to be unaffected for now.

However, this confirmation has done little to ease concerns.

Reports on X describe wallets being drained quickly, often without users noticing anything wrong until their balances reached zero. Several community members noted that the withdrawals seemed automated, indicating an active exploit scenario rather than simple user error.


Social Signals Raise Red Flags

Before Trust Wallet’s confirmation, alarms were already sounding across crypto Twitter.

CryptoNobler shared early warnings about suspicious outflows and urged users to check their approvals and wallet activity without delay.


Source: https://x.com/CryptoNobler/status/2004303854847082712

0xakinator, a known on-chain observer, highlighted transaction patterns that looked like wallet exploitation instead of simple phishing attempts.
Source: https://x.com/0xakinator/status/2004273944694587785

Additional reports from accounts like crypt0kol contributed to the growing sense of urgency, with users rushing to secure their funds.
Source: https://x.com/crypt0kol/status/2004300155621974487

These posts raised concern well before any official acknowledgment, following a familiar pattern seen in past crypto security incidents.


Trust Wallet Responds, But Questions Remain

Trust Wallet later confirmed the incident, stating that:

  • Only Browser Extension version 2.68 is impacted.

  • Users should disable and upgrade immediately.

  • Mobile wallets are not affected.

  • The team is investigating and will provide updates.

Official statement:
https://x.com/TrustWallet/status/2004316503701958786

However, a complete technical explanation of how the exploit happened, how long it may have been active, or how many wallets were affected is notably missing.

This uncertainty is fueling fear.


Why Browser Wallets Are Under Scrutiny Again

Browser extensions are one of the most convenient and controversial ways to interact with decentralized applications. Unlike cold storage wallets, they are closer to potential threats: exposed to harmful scripts, compromised updates, or targeted exploits.

Even when incidents affect only a specific version, the psychological impact can spread more widely.

For many users, the difference between “only one version” and “systemic risk” becomes unclear, especially when funds are already lost.


What Users Are Being Urged to Do Now

Security-conscious community members recommend immediate actions:

  • Disable Trust Wallet Browser Extension if using version 2.68.

  • Upgrade only from the official Chrome Web Store.

  • Review and revoke all token approvals.

  • Move funds to a new wallet if there is any risk.

  • Avoid interacting with dapps until the situation is clearer.

While Trust Wallet insists that mobile users are safe, some are choosing to move their assets anyway. This shows how fragile confidence can be during fast-moving incidents.


A Developing Situation

This situation is still unfolding.

What started as scattered user complaints has now escalated into a confirmed security incident, though it may be limited. Until more technical details are revealed, uncertainty is likely to remain, bringing with it fear.

For a wallet used by millions, even a narrow exploit can lead to significant consequences.

Further updates are expected.

Source: https://www.livebitcoinnews.com/breaking-trust-wallet-is-hacked-funds-vanishing-in-minutes-users-urged-to-act-fast/

Market Opportunity
Intuition Logo
Intuition Price(TRUST)
$0,1113
$0,1113$0,1113
-%6,93
USD
Intuition (TRUST) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

The post Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference appeared on BitcoinEthereumNews.com. Key Takeaways Ethereum’s new roadmap was presented by Vitalik Buterin at the Japan Dev Conference. Short-term priorities include Layer 1 scaling and raising gas limits to enhance transaction throughput. Vitalik Buterin presented Ethereum’s development roadmap at the Japan Dev Conference today, outlining the blockchain platform’s priorities across multiple timeframes. The short-term goals focus on scaling solutions and increasing Layer 1 gas limits to improve transaction capacity. Mid-term objectives target enhanced cross-Layer 2 interoperability and faster network responsiveness to create a more seamless user experience across different scaling solutions. The long-term vision emphasizes building a secure, simple, quantum-resistant, and formally verified minimalist Ethereum network. This approach aims to future-proof the platform against emerging technological threats while maintaining its core functionality. The roadmap presentation comes as Ethereum continues to compete with other blockchain platforms for market share in the smart contract and decentralized application space. Source: https://cryptobriefing.com/ethereum-roadmap-scaling-interoperability-security-japan/
Share
BitcoinEthereumNews2025/09/18 00:25
IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32
Gemini Exchange Launches BNB Trading and Custody Services

Gemini Exchange Launches BNB Trading and Custody Services

The post Gemini Exchange Launches BNB Trading and Custody Services appeared on BitcoinEthereumNews.com. TLDR: Gemini becomes latest major U.S. exchange to offer
Share
BitcoinEthereumNews2025/12/26 16:43