Trust Wallet suffered multiple cyber incidents in 2023, generating over $4 million in losses. The wallet was acquired by Binance in 2018. Binance has since released its own Web3 wallet.

It found the Trust Wallet app for iOS using an open-source code for generating new cryptocurrency wallets using unsafe functions in the “trezor-crypto library” that were not meant for production.

Trust Wallet's X (formerly Twitter) profile has not posted about the vulnerability. UPDATE (Feb. 15, 10:54 UTC): Adds Binance statement in penultimate paragraph.

Trust Wallet, the world’s leading self-custody Web3 wallet trusted by over 200 million users, has launched Buy+, a new feature powered by Binance Connect, to simplify crypto access for users ...

Earlier, Binance CEO Changpeng Zhao publicly endorsed Trust Wallet, stating that “self-custody is a fundamental human right.” The move comes as no surprise, given that Binance owns the U.S ...

Users can buy tokens on BNB Chain, Base and Solana directly with cards, local currency and more - all without leaving the Trust Wallet app. DUBAI, United Arab Emirates, June 02, 2025 (GLOBE ...