Exchange Wallets Encounter Security Vulnerability, Loss Scale Revealed. According to official responses, Trust Wallet's security incident resulted in a total loss of approximately $7 million of user funds. The official stance is clear: affected users' funds will be fully compensated, and the Security Asset Fund for Users (SAFU) has been activated.
The incident originated from an attacker successfully submitting a new version of an extension containing malicious code to the platform. The official stated that the security team is conducting an in-depth investigation into the entire attack chain, including the specific details of how the malicious code bypassed the review process. This move aims to patch the vulnerability and prevent similar incidents from happening again.
Users do not need to worry about fund security, as the platform's risk protection mechanism ensures the reliability of the compensation commitment.
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HashBandit
· 8h ago
7m bucks gone and they're just NOW catching this? back in my mining days we had better security protocols on a rasberry pi lmao
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GasGasGasBro
· 10h ago
Is this all for 7 million dollars? How did the review process go? Extensions can even get through.
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MEVSandwichMaker
· 10h ago
7 million dollars just like this? Luckily, SAFU is backing it, or it would have been another bloodbath.
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WhaleShadow
· 10h ago
7 million dollars for this? Trust Wallet's review is still a bit lenient, but the compensation part is quite straightforward.
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ImpermanentPhilosopher
· 10h ago
7 million dollars is all? The review loopholes are so big, it's really outrageous. Luckily, SAFU has got your back.
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It's the same extension again. This routine needs to be changed.
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Full compensation is good, but the problem is, will it happen again next time?
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Bypassing review... easy to say, but how embarrassing it must be behind the scenes.
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Why is Trust Wallet like this? I thought it was quite secure.
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7 million USD is just tuition fees; at least there's compensation.
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How come some people can always find loopholes like this? The development team's review process needs a serious overhaul.
Exchange Wallets Encounter Security Vulnerability, Loss Scale Revealed. According to official responses, Trust Wallet's security incident resulted in a total loss of approximately $7 million of user funds. The official stance is clear: affected users' funds will be fully compensated, and the Security Asset Fund for Users (SAFU) has been activated.
The incident originated from an attacker successfully submitting a new version of an extension containing malicious code to the platform. The official stated that the security team is conducting an in-depth investigation into the entire attack chain, including the specific details of how the malicious code bypassed the review process. This move aims to patch the vulnerability and prevent similar incidents from happening again.
Users do not need to worry about fund security, as the platform's risk protection mechanism ensures the reliability of the compensation commitment.