Trust Wallet browser extension v2.68 vulnerability — disable now and upgrade to v2.69
Trust Wallet has confirmed a security vulnerability in its browser extension build v2.68 and advised users to immediately disable the extension and update to v2.69 from the official Chrome Web Store. The issue is reported to affect only the 2.68 browser extension; mobile apps and other extension versions are not impacted. Social-media on-chain observers flagged rapid automated fund drains, suspicious outflows, hidden code in a recent update, and patterns consistent with automated exploitation or a supply‑chain attack. Trust Wallet’s engineering team is investigating but has not yet released full technical details or an affected-wallet count. Recommended actions for traders and users: disable the vulnerable extension, revoke token approvals, move assets to new wallets, avoid connecting to dApps, and only install the fixed v2.69 from the official Chrome Web Store. Traders should monitor on‑chain activity for addresses tied to the exploit and watch official Trust Wallet updates for scope and remediation details.
Bearish
A confirmed vulnerability in the Trust Wallet browser extension increases immediate risk for retail users holding assets accessible via that extension, creating downward pressure on user confidence and potentially prompting asset sell-offs or migrations. In the short term, affected users may rush to move funds, revoke approvals and sell assets to secure holdings, causing localized selling and heightened volatility for tokens frequently accessed through the extension. Automated drain reports and possible supply‑chain implications raise operational risk and could amplify panic. In the medium to long term, market impact should be limited to Trust Wallet users rather than the broader crypto market: once fixes are applied (v2.69) and clear remediation guidance is issued, confidence should partially recover. However, repeated extension exploits can sustain reputational damage and reduce use of browser wallets, shifting activity to mobile or hardware wallets and affecting liquidity patterns tied to wallet-provider user bases.