Trust Wallet Binance Collaboration Speeds Claims After V2.68 Incident

Trust Wallet Binance Collaboration Aims to Speed User Compensation

Trust Wallet has launched a Trust Wallet Binance Collaboration to facilitate faster verification and compensation to users who were affected by the browser extension v2.68 security event. The process is intended to make it easier to check ownership.

Source: X (formerly Twitter) 

What Triggered the Trust Wallet V2.68 Incident

The issue began with Trust Wallet Chrome extension version 2.68. The company confirmed that this version was affected by a supply chain attack, allowing hackers to inject malicious code and drain funds from some desktop wallets.

They clarified that the incident impacted only the browser extension version 2.68. Mobile app users and those using other extension versions were not affected. After detecting the problem, Trust Wallet released version 2.69 to fix the vulnerability and urged to upgrade immediately.

Trust Wallet Binance Collaboration Explained 

For the affected addresses to recover quickly, The platform has collaborated with Binance to launch an expedited verification procedure. As part of the collaboration, those affected whose funds had been transferred to the hacked the platform from their Binance account prior to December 24, 2025, can verify ownership through their Binance account. 

This option applies solely for users of Binance.com. The qualified accounts shall be contacted individually by the customer support through the same email thread which was used for the initial complaint filing. 

People who do not fit the criteria in this fast-track approach will proceed with the regular reimbursement flow, which would take longer. 

Compensation Process and User Guidance

The firm has stated that approximately $7 million was impacted during the incident and that all affected addresses will be refunded. The support team is prioritizing claims and has already begun reviewing submissions.

To start the process, affected people must submit their details through platform’s official support form. The company has warned to ignore messages from unofficial sources and to rely only on verified platform's communication channels. 

Binance, which acquired Trust Wallet in 2018, is supporting the reimbursement through its Secure Asset Fund for Users (SAFU). This fund has previously been used to cover losses during major security incidents.

Amid these updates the TWT has surged around 2% in the last 24 hours.  

Source: CoinMarketCap TWT Chart

What Users Should Do Now?

They continues to advise users to disable browser extension version 2.68 and upgrade to version 2.69 through the official Chrome Web Store. You should confirm the version update before accessing their wallets again. 

The collaboration is expected to reduce stress for people by cutting down verification time and bringing more clarity to the compensation process.

Why Does This Matters for Crypto Users? 

This incident reminds us that security problems can happen quickly, and reaction times are important. It continues to be important to watch for official account software downloads from and use caution when downloading browser extensions.

It will bring together two platforms in a bid to regain the lost confidence of people and prove the concept and impact of cooperation in mitigating the effects experienced during a security incident. 

Disclaimer: This article is for informational purposes only, kindly do your own research before investing.