Binance founder CZ (CZ) confirmed on social media that Trust Wallet will fully cover user losses caused by the recent exploit. Trust Wallet's token, TWT, rebounded from 0.77 to around 0.86, a gain of 11%, even surpassing its pre-explosion price.
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. https://t.co/xdPGwwDU8b
— CZ
BNB (@cz_binance) December 26, 2025
A security vulnerability in Trust Wallet's Chrome browser extension resulted in the theft of approximately $7 million in funds from users. Trust Wallet has released an update, advising users to immediately discontinue version 2.68 and upgrade to version 2.69.
Binance acquired Trust Wallet in 2018 primarily to address its weakness in decentralized asset management. While owned by Binance, Trust Wallet operates independently. It is the officially recommended wallet for BNB Chain but also supports over 100 different blockchains. CZ has repeatedly publicly endorsed its technology and security.
The volatility of wallet tokens is usually highly correlated with "security and reputation". When a security breach occurs in Trust Wallet, Binance will use its resources to assist in compensating for the losses, demonstrating a "group-like" parent-subsidiary support relationship.
Trust Wallet's token TWT rebounded from 0.77 to around 0.86, a gain of 11%, even surpassing its pre-event price. This price increase reflects investor confidence.
This article, "CZ's Strong Support! Trust Wallet (TWT) Defies the Trend and Surges, Promises to Cover Hacker Losses," first appeared on ABMedia, a ABMedia .
