Trust Wallet disclosed a security flaw that caused nearly $170,000 in damages for certain users. According to the company, the flaw has been fixed.
, with an $88,000 balance, according to a postmortem report. Affected users will be offered a refund and gas fee assistance to cover the costs of fund transfers. According to Trust Wallet:
“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." Users who experienced abnormal fund movement in late December 2022 and late March 2023 may be among those affected by the two exploits.
The company urged affected customers to create a new wallet and transfer their funds. Users with vulnerable addresses will be notified through the Trust Wallet browser extension, said the company. Developers who used the Wallet Core library in 2022 should implement the latest version of Wallet Core. Affected wallet addresses from Binance were previously notified through the crypto exchange.
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