2025-12-26 14:20:33

Trust Wallet encounters a major security vulnerability, with hackers successfully stealing nearly $7 million. The official has publicly committed to fully compensate all affected users.

This incident once again reminds us of how critical on-chain asset security management is. Often, users are unaware of when and how their wallets are compromised, as the risks are often invisible.

A practical protective approach worth adopting is: regularly changing wallet addresses. Instead of keeping all assets in one address for a long time, it’s better to adopt a rotation strategy—periodically transferring assets to a new wallet. This can effectively disperse the risk of single-point failure. Even if a wallet is attacked, the scope of loss will be significantly limited.

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TopBuyerBottomSeller

· 17h ago

$7 million is gone just like that, luckily there is compensation, but who can guarantee the next time? Rotating wallets is indeed reliable. I've been doing it for a long time. People who are too lazy to bother will eventually suffer losses. Trust Wallet's failure this time was quite thorough. How long will it take to regain trust? Regularly migrating assets sounds troublesome, but it's worth it compared to losing everything overnight. The hidden risks really hit the mark; most people don't pay attention to this at all. I'm actually more curious whether there was an internal problem or if it was truly hacked. The compensation promise sounds good, but the real test is when the funds will actually arrive. Wallet address rotation is definitely a good idea, but I'm worried most people will find it too troublesome. Who is responsible for the $7 million theft? Can the actual victims get compensation? These days, I’ve never fully trusted on-chain security; you still need to stay vigilant.

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TokenAlchemist

· 12-26 14:49

honestly the "rotate wallets every X days" recommendation is... painfully naive? like yeah sure, diminish your attack surface but you're ignoring the MEV extraction vectors during migration state transitions lol. every address change is literally a liquidation cascade waiting to happen if you're farming on any decent protocol

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ShadowStaker

· 12-26 14:37

7m gone and they're just... reimbursing? cool i guess, but infrastructure trust is already nuked ngl

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NFTArchaeologis

· 12-26 14:30

7 million USD... Where's the promised self-custody? I've seen this kind of thing many times; every time it's "we will compensate," but who bears the time lag and trust cost? Rotating wallets is indeed a trick, but fundamentally, it still comes down to maintaining control over your private keys. Early blockchain experts have long understood this principle—decentralized promises ultimately require self-guarding. It's nothing new; some people are just pretending they haven't heard of it.

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LiquidationWatcher

· 12-26 14:27

7 million USD is gone just like that, really speechless. But speaking of which, can we trust the full compensation policy? Regularly changing wallet addresses is definitely a good move; it's more reliable than lying flat. I've long stopped putting all eggs in one basket, just afraid that one day it might suddenly gg. This time, we really need to reflect. Even the so-called big institution wallets are not safe. The rotation strategy sounds good, but it seems most people are too lazy to bother, and will still concentrate everything in one place.

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ChainBrain

· 12-26 14:23

Losing 7 million is just gone; anyway, Trust Wallet says they will compensate in full. Will they really compensate when the time comes? Regularly changing wallets sounds easy to say, but how is the Gas fee calculated... On second thought, it's better not to put all your eggs in one basket. For those who say they got hacked, I just want to know how their private keys were leaked. Official compensation always feels a bit虚... In the future, it's better to store multiple cold wallets; keep some petty cash in hot wallets. These days, it's embarrassing not to have a backup wallet when you're into crypto.

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