Trust Wallet to reimburse users after $170,000 security incident

Myth

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  • Jul 9, 2009
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    Crypto wallet Trust Wallet disclosed a security vulnerability that resulted in nearly 170,000 losses for some users. The vulnerability has been patched, according to the company.

    Trust Wallet found out about the issue through its bug bounty program. A security researcher reported a WebAssembly (WASM) vulnerability in the open-source library Wallet Core in November 2022. New wallet addresses generated "between November 14 and 23, 2022 by Browser Extension contain this vulnerability," said the company in a statement, adding that all addresses created before and after those dates are safe.