Trust Wallet Hit by $7M Hack on Christmas Day, CZ Commits to Full User Reimbursement
- Hack Incident: On December 25, 2025, Trust Wallet's browser extension was targeted by a hack that resulted in approximately $7 million in cryptocurrency theft, primarily affecting version 2.68 of the Chrome extension, highlighting significant security vulnerabilities within the platform.
- Attack Methodology Revealed: The hacker exploited a backdoor to steal users' private keys and mnemonic phrases, exporting the information to their server, indicating a deep familiarity with Trust Wallet's source code, potentially involving insider collaboration.
- User Compensation Commitment: Binance co-founder CZ pledged to fully reimburse the $7 million losses for affected users following the attack, reflecting Binance's user-protecting culture, yet raising community concerns over the consistency in handling similar incidents.
- Call for Enhanced Security Measures: The incident sparked widespread discussions on the security of browser extensions, with community members advocating for strengthened security protocols, including mandatory code audits and advanced phishing detection, to prevent future occurrences.
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Technical Analysis for TWT
Technical Sentiment Analysis for Trust Wallet Token (TWT). As of , Trust Wallet Token (TWT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TWT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, TWT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Trust Wallet Token (TWT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.392 | 0.432 | 0.47 | 0.511 | 0.549 | 0.589 | 0.628 |
| Fibonacci | 0.432 | 0.462 | 0.481 | 0.511 | 0.541 | 0.559 | 0.589 |
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