People should understand one thing, that Trustwallet is a close source wallet. People should avoid bitcoin close source wallets when there are many bitcoin open source wallets.
This once again shows that Trust Wallet is the number one wallet.
What kind of number one wallet? The hacker reviewed itself to Binance and Binance has to compensate him for that. But the hacker would be the one that stole the coins and caused the hack. Binance did not talk about that but you people are thinking Binance did something good when the money stolen would have been given back to Binance by the hacker.
If you use Trustwallet browser extension between November 14 and 23, 2022, you need to read this:
https://community.trustwallet.com/t/wasm-vulnerability-incident-update-and-recommended-actions/750786In November 2022, a security researcher reported a WebAssembly (WASM) vulnerability in our open-source library, Wallet Core, through our bug bounty program. Our Trust Wallet Browser Extension uses WASM in Wallet Core, and new wallet addresses generated between November 14 and 23, 2022 by Browser Extension contain this vulnerability. We quickly patched the vulnerability, and all addresses created after those dates are safe.
Despite our best efforts, we proactively detected two potential exploits, resulting in a total loss of approximately $170,000 USD at the time of the attack. As a commitment to transparency and user protection, we want to assure users that we will reimburse eligible losses from hacks due to the vulnerability and have created a reimbursement process for the affected users. And we urged affected users move the remaining ~$88,000 USD balance on all the vulnerable addresses as soon as possible.
If you have not been affected, send your coins to another address, I will suggest you to use an open source wallet instead of Trustwallet or other close source wallets.
If you are affected, continue reading the link to know what to do:
https://community.trustwallet.com/t/wasm-vulnerability-incident-update-and-recommended-actions/750786Trust Wallet to reimburse users after $170,000 security incident:
https://cointelegraph.com/news/trust-wallet-to-reimburse-users-after-170-000-security-incident“We want to assure users that we will reimburse eligible losses from hacks due to the vulnerability and have created a reimbursement process for the affected users. And we urged affected users [to] move the remaining ~$88,000 USD balance on all the vulnerable addresses as soon as possible."
