Subscribe to our Telegram channel!

More than 4 billion Trust Wallet cryptocurrency wallets are at risk — they can be hacked in minutes

April 24, 2023 · 5:47 pm 2 min read

It turned out that more than 4 billion Trust Wallet cryptocurrency wallets are at risk. According to Anton Bukov, co-founder of the 1inch platform, all Trust Wallet wallets can be hacked in just a few minutes.

«All 4 billion existing Trust Wallet wallets can be hacked in a few minutes using a regular laptop,» Bukov said.

This conclusion was reached by 1inch specialists after analyzing the Trust Wallet extension. According to the developers, the critical problem lies in the use of a pseudo-random number generator (PRNG).

The Mersenne Twister solution (MT19937) uses a generator to create private keys. However, PRNG is not random, so attackers can crack private keys by understanding how the generator works.

As a reminder, on April 22, Trust Wallet developers reported that software users lost $ 170 thousand. The vulnerability affected wallets created in the browser extension between November 14 and 23, 2022. An anonymous security analyst reported the vulnerability back in November, telling about a bug on the rewards website (bounty program).

Trust Wallet representatives assured that they would compensate their users. The company also warned that the «vulnerable» addresses still contain about $ 88 thousand. The team urged users to immediately withdraw digital funds from the compromised storages.

BTC

$79,407.08

2.88%

ETH

$2,514.14

2.88%

BNB

$705.83

1.49%

XRP

$1.51

-1.17%

SOL

$95.73

1.08%

All courses
Loading next article…
Show more