Trust Wallet, a popular cryptocurrency wallet, has identified and resolved a major WebAssembly (WASM) vulnerability in its core wallet software library.

The issue affected wallet addresses on Ethereum and other blockchains created through the Trust Wallet browser extension from November 14 to November 23, 2022.

WebAssembly is a computer code format that allows developers to use a variety of programming languages ​​to build web applications, including those used in cryptocurrency wallets.

In a community post, Trust Wallet announced that when the problem was discovered, the team immediately resolved the issue. However, two exploits were discovered, which resulted in an estimated loss of around 170000 USD due to potential hacks exploiting this issue.

In a community post , the team clarified that it has enhanced the security of its wallet product by conducting more frequent security audits and inviting external auditors to evaluate its security measures their secret.

“While there is no 100% security, we own our mistakes and improve to prevent, mitigate and resolve issues quickly, we are committed to providing a safe, trustworthy platform. trust for its users.” Trust Wallet announced on Twitter.