Trust Wallet is urging users to update its Google Chrome extension to the latest version following what it described as a “security incident” that led to the loss of approximately $7 million.
The issue, the multi‑chain, non‑custodial cryptocurrency wallet service said, impacts version 2.68. The extension has about one million users, according to the Chrome Web Store listing. Users are advised to update to version 2.69 as soon as possible.
“We’ve confirmed that approximately $7M has been impacted and we will ensure all affected users are refunded,” Trust Wallet said in a post on X. “Supporting affected users is our top priority, and we are actively finalizing the process to refund the impacted users.”
Trust Wallet is also urging users to refrain from interacting with any messages that do not come from its official channels. Mobile-only users and all other browser extension versions are not affected.
According to details shared by SlowMist, version 2.68 introduced malicious code that’s designed to iterate through all wallets stored in the extension and trigger a mnemonic phrase request for each wallet.
“The encrypted mnemonic is then decrypted using the password or passkeyPassword entered during wallet unlock,” the blockchain security firm said. “Once decrypted, the mnemonic phrase is sent to the attacker’s server api.metrics-trustwallet[.]com.”
The domain “metrics-trustwallet[.]com” was registered on December 8, 2025, with the first request to “api.metrics-trustwallet[.]com” commencing on December 21, 2025.
Further analysis has revealed that the attacker has leveraged an open‑source full‑chain analytics library named posthog-js to harvest wallet user information.
The digital assets drained so far include about $3 million in Bitcoin, $431 in Solana, and more than $3 million in Ethereum. The stolen funds have been moved through centralized exchanges and cross-chain bridges for laundering and swapping. According to an update shared by blockchain investigator ZachXBT, the incident has claimed hundreds of victims.
“While ~$2.8 million of the stolen funds remain in the hacker’s wallets (Bitcoin/ EVM/ Solana), the bulk – >$4M in cryptos – has been sent to CEXs [centralized exchanges]: ~$3.3 million to ChangeNOW, ~$340,000 to FixedFloat, and ~$447,000 to KuCoin,” PeckShield said.
“This backdoor incident originated from malicious source code modification within the internal Trust Wallet extension codebase (analytics logic), rather than an injected compromised third‑party dependency (e.g., malicious npm package),” SlowMist said.
“The attacker directly tampered with the application’s own code, then leveraged the legitimate PostHog analytics library as the data‑exfiltration channel, redirecting analytic traffic to an attacker‑controlled server.”
The company said there is a possibility that it’s the work of a nation-state actor, adding the attackers may have gained…
Source link
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We blogs.grocliq.com want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on for any glitch kindly connect at [email protected]
