Trust Wallet Breach Today: Who’s Vulnerable After $6 Million Hack?

Another day, another crypto heist—this time, a $6 million breach punches a hole in Trust Wallet's security.

Who's really at risk?

The Immediate Fallout

Reports confirm the breach siphoned off millions. The exploit didn't discriminate—targeting vulnerabilities that left user assets exposed. Security teams are scrambling, but the damage is done. Funds are gone, and confidence is shaken.

The Anatomy of a Modern Hack

Forget brute force. Today's attacks are surgical. They exploit smart contract logic, intercept transactions, or manipulate permissions. In this case, the method bypassed standard safeguards, accessing wallets that users believed were secure. It's a stark reminder: in crypto, your keys aren't always your coins if the front door's left open.

Are Self-Custody Wallets Still Safe?

Absolutely—but safety is a verb, not a noun. This breach highlights a brutal truth: software has flaws. A non-custodial wallet shifts responsibility from exchanges to users and their chosen apps. When that app has a weakness, the chain of trust breaks. It's the digital equivalent of buying a top-tier safe, only to find the manufacturer used a universal key.

The Regulatory Shadow

Incidents like this are catnip for regulators. Expect louder calls for oversight, licensing, and consumer protection frameworks—the very red tape the crypto world often tries to escape. Some will argue it's necessary; others will see it as traditional finance finally getting its 'I told you so' moment.

Moving Forward: Beyond the Headlines

The industry's response will be telling. Will it be transparency and rapid fixes, or opaque posturing? For users, the playbook remains the same: diversify storage, use hardware solutions for significant holdings, and remember that in high finance—whether digital or traditional—the fine print usually mentions risk. After all, what's a few million lost between friends when the market's used to billions vanishing in a tweet?

A security issue in the Trust Wallet browser extension has led to the loss of nearly $6 million in crypto, raising serious concerns among users during the Christmas period.

The problem affects Trust Wallet Browser Extension version 2.68 only, according to an official statement from Trust Wallet. Mobile app users and people using other extension versions are not affected.

What Happened?

On December 24, a flaw was discovered in version 2.68 of the Trust Wallet browser extension. By December 25, on-chain data showed that funds were being drained from multiple wallets across Bitcoin, Ethereum, and solana networks.

Yes $6M+ stolen at minimum from hundreds of Trust Wallet users.

Hopefully they will offer compensation to everyone if it’s determined they’re at fault for the incident.

It’s difficult to map out since there’s many theft addresses.

Here’s my list so far below:

EVM…

Blockchain investigator ZachXBT reported receiving messages from hundreds of users who said their wallet balances suddenly dropped. Community researchers later found suspicious code in the extension that appeared to send wallet data to a fake website, allowing attackers to access funds.

Trust Wallet Confirms the Issue

Trust Wallet confirmed the security incident and said the issue is limited to version 2.68 of the browser extension. The company asked users to stop using that version immediately and upgrade to version 2.69, which it says is safe.

Trust Wallet also said its support team is already contacting affected users and investigating what happened. So far, there has been no official confirmation about compensation, though impacted users are being guided through next steps.

What To Do If You Are Affected

If you use the Trust Wallet browser extension, here’s what you should do right away:

1. Do not open the Trust Wallet extension on your desktop.
This helps prevent further risk.

2. Disable the extension immediately.
Go to your Chrome extensions page and switch Trust Wallet off.

3. Update to version 2.69 only from the official Chrome Web Store.
After updating, check the version number to confirm it shows 2.69.

4. Contact Trust Wallet support.
If your funds are missing, reach out to Trust Wallet’s official support page and report the issue.

Why This Matters

This incident shows the risks of browser-based crypto wallets, especially when malicious code slips into updates. Even trusted tools can become targets, and small delays in updating can lead to big losses.

Trust Wallet says it will share more updates as they become available.