Trust Wallet said it fixed a major vulnerability in its core wallet software library.
After the hack attack on Trust Wallet, 170,000 dollars of user funds were stolen. After the development, the company announced that the security vulnerability was fixed.
Fixed Post-Attack Vulnerability in TrustWallet
Trust Wallet announced that it has fixed the vulnerability in its core wallet software. Due to the vulnerability, the company lost 170,000 dollars of user funds as a result of an attack.
Trust Wallet discovered and resolved a major WebAssembly (WASM) vulnerability that affected wallet addresses generated via the browser extension between November 14-23, 2022. The team explained that this vulnerability caused several users to lose approximately $170k.
The discovered vulnerability existed in the core software library that uses the WASM format when users generate wallet addresses via the browser extension. “Most of the funds at risk are secured,” the Trust Wallet project said on Twitter, with the statement “Fixed the issue.”
Trust Wallet is a popular cryptocurrency wallet, and WebAssembly is computer software that allows developers to use multiple programming languages to create web applications, including crypto wallets.
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