🚨 Trust Wallet Hack Update: CZ Breaks Silence
In a major update for the community, Changpeng Zhao (CZ) has addressed the recent $7 million Trust Wallet security incident, assuring users that funds are safe and fully protected.
Here’s what you need to know 👇
🔒 Funds Are SAFU
CZ confirmed that Trust Wallet will fully cover the $7M loss, ensuring no user bears the impact of the breach.
🧩 What Was Affected?
Only Trust Wallet Browser Extension v2.68
Mobile users were NOT impacted
Users are advised to upgrade to v2.69 immediately
🛠️ Investigation Ongoing
The Trust Wallet team is actively investigating how a compromised version was approved and released. Security measures are being tightened further.
🌐 Bigger Picture: Rising Security Threats
Crypto-related security incidents hit $3.14B in 2025
The Bybit breach alone accounted for 44% of total losses
Industry leaders warn: security is an ongoing battle, not a one-time fix
CZ’s message is clear: user protection comes first. Transparency, accountability, and fast response remain key pillars of the ecosystem.
🔔 Reminder:
If you’re using Trust Wallet’s browser extension, update now and stay vigilant.
What’s your take on crypto security in 2025?
Drop your thoughts below ⬇️
