CZ’s $7M Rescue: Trust Wallet’s Digital Suffering 🧠💸

Trust Wallet, once a sanctuary of digital assets, now lies in ruins. A thief’s hand, swift and sly, stole $6.77M. CZ, ever the knight in shining armor, vows to restore the lost treasure. 🛡️

The exploit, a serpent in the garden of trust, struck Trust Wallet, siphoning over $6.77 million. The serpent, cunning as a fox, transferred $4.25M to platforms like ChangeNOW, FixedFloat, KuCoin, and HTX. 🐍

In response, Binance’s CZ, a man of resolve, declared that Trust Wallet would bear the burden through its SAFU fund. A promise as comforting as a warm blanket on a winter night. ❄️

The Hack: A Tale of Deception and Daring

The villains targeted Trust Wallet’s browser extension, version 2.68, injecting malicious code into its very soul. This code, a thief in the night, stole recovery phrases when users dared to import them. 🕵️‍♂️

With the stolen keys, the villains unlocked the vaults of Bitcoin, Ethereum, and Solana, leaving chaos in their wake. A tragedy, indeed, for those who trusted the digital realm. 🚨

We’ve identified a security incident affecting Trust Wallet Browser Extension version 2.68 only. Users with Browser Extension 2.68 should disable and upgrade to 2.69.

Please refer to the official Chrome Webstore link here:

Please note: Mobile-only users…

– Trust Wallet (@TrustWallet)

No warning bells tolled, no ominous signs. The villains struck with the stealth of a shadow, draining funds as users imported their sacred recovery phrases. 🧙‍♂️

Trust Wallet, swift as a falcon, released a patch (version 2.69) and urged users to flee the poisoned extension. A race against time, indeed. ⏳

But the villains, ever clever, left no trail. The question lingers: how did they slip past the gates? 🤔

CZ’s Oath: A Promise of Redemption

CZ, with a heart as vast as the Russian steppes, vowed to cover the losses via SAFU. A fund, a lifeline, forged in 2018 to shield users from the tempests of cyberattacks. 🌊

“User funds are SAFU,” he declared, a mantra for the faithful. A promise as solid as a stone wall. 🧱

So far, $7m affected by this hack. will cover. User funds are SAFU. Appreciate your understanding for any inconveniences caused. 🙏

The team is still investigating how hackers were able to submit a new version.

– CZ 🔶 BNB (@cz_binance)

CZ’s words, a balm to the weary. Yet, one wonders: can a fund, no matter how robust, truly mend the wounds of betrayal? 🧩

The SAFU fund, a marvel of Binance’s might, offers a lifeline. Yet, in the realm of digital gold, even the strongest chains can snap. ⚖️

Related Reading: Analysing the Trust Wallet Hacker Wallet: Holding Over $4 Million With $1.5 Million in ETH and $1.4 Million in BTC

What to Do: A Guide for the Bewildered

For the afflicted, Trust Wallet’s counsel is clear: abandon the poisoned extension, upgrade to 2.69, and flee to a new wallet. A journey of survival. 🏃‍♂️

Reusing recovery phrases? A folly. Hardware wallets, the true guardians of wealth. A lesson learned, albeit too late for some. 🛡️

This incident, a mirror held to the crypto world, reveals the fragility of trust. A reminder that even the most fortified walls can crumble. 🏰

As investigations loom, one hopes Trust Wallet and its kin will forge stronger shields. For in the digital age, vigilance is the only true ally. 🛡️

Yet, as the old saying goes: “Trust is a fragile thing, easily broken, rarely mended.” 🧩

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2025-12-27 15:30