Trust Wallet to Compensate Affected Users $7 Million After Security Breach
- Compensation Process Initiated: Trust Wallet is launching a reimbursement process for users affected by the Chrome extension security breach, expected to cover approximately $7 million in losses, aimed at restoring user trust and mitigating the incident's impact.
- User Eligibility Simplified: Affected users who received funds from a Binance account before December 24, 2025, will benefit from a faster verification process, which not only enhances reimbursement efficiency but also potentially increases user loyalty towards Trust Wallet.
- Hacker Attack Details: The incident stemmed from a leaked Chrome Web Store API key, allowing malicious code to be embedded in version 2.68, resulting in over $7 million in digital assets stolen across multiple blockchains, highlighting the severity of the security vulnerability.
- Market Response Stable: Despite the security incident, Trust Wallet Token (TWT) saw an 8% price increase over the past week, indicating market confidence in Trust Wallet's crisis management, while Binance's BNB also rose by 7%, reflecting overall positive market sentiment.
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Technical Analysis for BNB
Technical Sentiment Analysis for BNB (BNB) As of , BNB (BNB) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BNB 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 stock.
Support, Resistance & Moving Averages From a structural perspective, BNB 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 $-.
BNB (BNB) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 265.994 | 418.027 | 556.784 | 708.817 | 847.574 | 999.607 | 1138.364 |
| Fibonacci | 418.027 | 529.109 | 597.735 | 708.817 | 819.899 | 888.525 | 999.607 |
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