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A serious cryptocurrency wallet security incident has erupted during the Christmas period. Trust Wallet browser extension (version 2.68) was found to have a major vulnerability, allowing hackers to steal over $6 million worth of crypto assets in a short period.
The victim cases are shocking. The largest compromised wallet lost coins worth $3.5 million, and this address has been dormant for over a year. The second affected wallet also lost $1.4 million, with a dormant period of up to two years. What does this mean? It means that even if you haven't moved your assets for a long time and are completely offline, as long as your mnemonic phrase was generated with a vulnerable version, hackers can bypass geographical and temporal restrictions to directly threaten your asset security.
This is not just a simple network intrusion. Experts' analysis points to a more serious possibility: the Trust Wallet development environment or code repository has been compromised, with malicious code directly injected into official updates. The source of private key generation has already been contaminated.
Currently, hackers have transferred over $4 million of illicit funds to various centralized exchanges, attempting to obscure the source of the funds through dispersed transfers. Tracking the funds has become more difficult.
If you are currently using the Trust Wallet browser extension, now is the time to act. Immediately disconnect from the internet and transfer your assets to a new wallet generated through other reliable methods. This is not alarmism but a fact-based recommendation. In the future, when choosing any wallet tool, do not unconditionally trust code that has not undergone rigorous third-party audits. Security always comes first.
This incident serves as a reminder to all crypto asset holders: no matter how long your assets have been untouched or how secure they seem, risks always exist. Regularly check your wallet security, update security practices promptly, and stay alert to any code from unknown sources — these are essential lessons for survival in the crypto world.