Trust Wallet dey warn 36,000 users afta browser extension v2.68 comot — Estimated loss $7M
Trust Wallet don confirm say dem get security wahala wey affect dia browser extension v2.68 between 24–26 December 2025. Di company talk say loss reach about $7 million and about 36,000 wallets commot tay affect (≈0.016% of users). Trust Wallet yarn say di mobile apps and other extension versions no kena. Dem notify affected users through one security banner inside di extension and, if e concern, mobile app notices. Di firm identify around 2,596 addresses wey fit dey linked to di incident and dem don receive about 5,000 refund claims, plenti na duplicates or suspicious; dem still dey verify. Users dem suppose make dem disable di old extension immediately, update to v2.69 or newer, create new wallets, secure recovery phrases, and move assets from compromised addresses. Di issue look like na from malicious interactions or unauthorised access inside di browser-extension environment — show say browser-based wallets get higher exposure to phishing, malicious scripts, and compromised extensions. Trust Wallet dey cross-check data sources, dem go priority give verified claimants refunds, and dem plan to release full technical breakdown once investigation finish. Traders suppose sabi say e fit cause short-term selling pressure on assets wey dey affected wallets, more on-chain activity cos of asset movements, and make users dey more careful with browser extensions.
Bearish
Dis wahala fit get bearish short-term effect for assets wey dey for di compromised addresses and e fit shake users confidence for browser-based wallets. Estimated direct loss (~$7M) and about 36,000 compromised wallets dey increase di chance say people go sell on-chain sharpaly as dem move or liquidate assets, wey go put downward price pressure on small-cap tokens wey dey concentrated for those addresses. Market makers and arbitrageurs fit temporarily widen spreads and liquidity fit tighten for affected tokens. For medium term, impact likely neutral to modest: Trust Wallet quick identification, targeted notifications, update (v2.69) and the outlined refund/verification process dey help limit systemic contagion. Long-term effects depend on di technical post-mortem and whether vulnerabilities show for core wallet code — if di breach remain isolated to di extension version, confidence go slowly recover; if broader systemic flaws come out, longer-lasting negative sentiment and migration away from browser extensions fit happen.