Binance founder CZ ( Zhao Changpeng ) confirmed on social media that Trust Wallet will fully cover user losses caused by recent exploits. Trust Wallet token TWT rebounded from 0.77 to around 0.86, an increase of up to 11%, even surpassing the pre-incident price levels.
So far, $7m affected by this hack. @TrustWallet will cover. User funds are SAFU. Appreciate your understanding for any inconveniences caused.
The team is still investigating how hackers were able to submit a new version.
— CZ BNB (@cz_binance) December 26, 2025
Trust Wallet’s Chrome browser extension experienced a security vulnerability, resulting in approximately $7 million in user funds being stolen. Trust Wallet officials have issued an update, recommending users to immediately disable version 2.68 and upgrade to 2.69.
(Trust Wallet browser extension security vulnerability causes global user losses exceeding $6 million)
Binance acquired Trust Wallet in 2018, primarily to fill the gap in “decentralized asset management.” Although Trust Wallet is owned by Binance, it operates independently. It is the official recommended wallet of BNB Chain but also supports over 100 different blockchains. CZ has repeatedly publicly endorsed its technology and security.
The volatility of wallet tokens is often closely linked to “security reputation.” When Trust Wallet experiences a security breach, Binance allocates resources to help compensate for losses, demonstrating a “group-style” parent-subsidiary support relationship.
Trust Wallet token TWT rebounded from 0.77 to around 0.86, an increase of up to 11%, even surpassing the pre-incident price levels. The price increase also reflects investor confidence.
This article, CZ strongly supports! Trust Wallet ( TWT ) surged against the trend, promising to bear hacker losses. Originally published on Chain News ABMedia.
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CZ supports! Trust Wallet (TWT) surges against the trend, promising to cover hacker losses
Binance founder CZ ( Zhao Changpeng ) confirmed on social media that Trust Wallet will fully cover user losses caused by recent exploits. Trust Wallet token TWT rebounded from 0.77 to around 0.86, an increase of up to 11%, even surpassing the pre-incident price levels.
So far, $7m affected by this hack. @TrustWallet will cover. User funds are SAFU. Appreciate your understanding for any inconveniences caused.
The team is still investigating how hackers were able to submit a new version.
— CZ BNB (@cz_binance) December 26, 2025
Trust Wallet’s Chrome browser extension experienced a security vulnerability, resulting in approximately $7 million in user funds being stolen. Trust Wallet officials have issued an update, recommending users to immediately disable version 2.68 and upgrade to 2.69.
(Trust Wallet browser extension security vulnerability causes global user losses exceeding $6 million)
Binance acquired Trust Wallet in 2018, primarily to fill the gap in “decentralized asset management.” Although Trust Wallet is owned by Binance, it operates independently. It is the official recommended wallet of BNB Chain but also supports over 100 different blockchains. CZ has repeatedly publicly endorsed its technology and security.
The volatility of wallet tokens is often closely linked to “security reputation.” When Trust Wallet experiences a security breach, Binance allocates resources to help compensate for losses, demonstrating a “group-style” parent-subsidiary support relationship.
Trust Wallet token TWT rebounded from 0.77 to around 0.86, an increase of up to 11%, even surpassing the pre-incident price levels. The price increase also reflects investor confidence.
This article, CZ strongly supports! Trust Wallet ( TWT ) surged against the trend, promising to bear hacker losses. Originally published on Chain News ABMedia.