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Crypto Awaz Profile picture
@CryptoAwaz
Apr 22 • 5 tweets • 3 min read Twitter logo Read on Twitter
Crypto wallet provider revealed on April 22 that the vulnerability affected wallets generated by its browser extension between Nov. 14 – 23, 2022. An unnamed security researcher reported the vulnerability in November 2022 through the Trust Wallet bug bounty program. Image
The company said it delayed this disclosure to prevent immediate attacks and reduce potential breaches. Despite the delay, the vulnerability was exploited twice and led to a loss of around $170,000.
However, this vulnerability does not affect Trust Wallet mobile app users or those who imported their wallets into the browser extension. It also does not affect those who created new wallet addresses via the extension before Nov. 14 or after Nov. 23, 2022.
Trust Wallet added that the vulnerability was unrelated to the one MyCrypto founder Taylor Monahan reported. Monahand had claimed that about 5000 ETH was stolen from numerous users’ wallets recently.
The wallet service provider has promised to refund the stolen funds of affected users.
#trustwallet #crypto #cryptocurrency #ETH #Ethereum #bitcoin #BTC

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More from @CryptoAwaz

Crypto Awaz Profile picture
Apr 21
Taylor Swift was almost among the 11 celebrities now wrapped up in a costly class action lawsuit against Sam Bankman-Fried’s FTX—but asking a simple question saved her. Image
Adam Moskowitz, one of the lawyers leading the class action lawsuit against FTX’s celebrity ambassadors, told The Scoop podcast that Swift was “the one person” that asked whether the securities she would be promoting are unregistered.
Moskowitz said that under state securities laws, promoting unregistered securities for financial gain makes an individual liable. The now-bankrupt FTX was in talks with Swift for a $100 million sponsorship deal, which fizzled out shortly before FTX’s collapse in Nov of last year.
Read 5 tweets
Crypto Awaz Profile picture
Dec 9, 2022
Sam Bankman-Fried says he will testify before the congressional committee

Read the thread to know more! 🧵

#SBF #FTX #FTXScam #FTXScandal
He added in a tweet thread that he would try to give details on FTX US's solvency and American customers, pathways that could return value to users internationally, what he thinks led to the crash and his own failings.
The Senate had demanded he testify, but had been left with a pregnant silence up until now. A letter sent by senators threatened Bankman-Fried with a congressional subpoena if he refused to cooperate. The deadline for his response was set for 5pm ET yesterday.
Read 5 tweets
Crypto Awaz Profile picture
Dec 6, 2022
How Web3 can revolutionize E-commerce 🛍️

Web3 is a revolutionary technology that will change the way we do e-commerce. It will make transactions faster, more secure, and easier to track.

Thread 🧵

#ecommerce #web3 #ecommercestore #cryptostore #cryptomarketplace #marketplace Image
- With Web3, users will be able to purchase goods and services without needing to use a third-party intermediary or a centralized server.

- This will mean that transactions are faster and more secure, as users will no longer need to trust a third party to process their payments
Additionally, users will be able to more easily track the progress of their orders and payments. This will help reduce fraud and make transactions more transparent.

- Web3 can also make transactions more convenient for users.
Read 4 tweets

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