Crypto: Trust Wallet delays a crucial update for its users

The world of cryptocurrencies is once again shaken by a major incident. Trust Wallet, one of the most popular crypto wallets, had to postpone a crucial update after discovering a malicious version of its Chrome extension. This event raises questions about the security of crypto tools and user trust.

Trust Wallet, a delayed update, the crypto ecosystem on alert

On December 24, 2025, Trust Wallet was forced to temporarily withdraw its Chrome extension after discovering a corrupted version (2.68). Indeed, this malicious update allowed the theft of $7 million from 2,596 crypto wallets. Over 2,630 reimbursement claims were recorded, some of which are suspected to be fraudulent.

In this regard, Eowyn Chen, CEO of Trust Wallet, confirmed that the priority was to secure crypto users before deploying a new version (2.69). This situation highlighted vulnerabilities in browser extensions, often targeted by cybercriminals. As a result, Google is collaborating with Trust Wallet to resolve this flaw and prevent new incidents.

The incident reminds us of the importance of vigilance! Especially during periods of high activity such as the end-of-year holidays, when attacks multiply.

Trust Wallet: causes and consequences of a hack with major repercussions

The vulnerability exploited by crypto hackers originated from a stolen Chrome Web Store API key, allowing a malicious update to be published without internal checks. This attack is in line with the emph{“Sha1-Hulud”} incident, which compromised Trust Wallet development secrets on GitHub. The consequences are multiple:

• Loss of user trust;
• Increase in phishing attempts;
• Strengthening verification requirements for reimbursements. 

Trust Wallet must now invest heavily in cybersecurity to restore its reputation, especially since the economic impact is significant. Moreover, the cost of reimbursements and security measures could affect the company’s profitability in the short term. Crypto users, for their part, are encouraged to carefully verify sources before any update.

2025, a year marked by crypto hacks

The year 2025 marked a turning point in cryptocurrency security, with billions of dollars stolen, according to Chainalysis. Among the major attacks, Bybit suffered a $1.5 billion hack mainly in ethereum in February, attributed to the North Korean group Lazarus. In November, Balancer lost $116 million through a vulnerability in its smart contracts.

These incidents highlight the urgency to strengthen security audits! But also to adopt solutions such as hardware wallets and two-factor authentication. Collaboration between crypto platforms becomes crucial to limit systemic risks.

The postponement of Trust Wallet’s update reminds us that security remains a major challenge for cryptocurrencies. However, crypto hacks are multiplying, and in 2025 alone, $3.4 billion were stolen. A crucial question arises: how to reconcile innovation and user protection in the ecosystem?