On Saturday, December 21, Trust Wallet crypto wallet owners began reporting problems with displaying their assets en masse. One user noted that he was unable to see how much cryptocurrency he had in his account. Another admitted that he almost had a heart attack when he saw a zero balance on his account.
At first, Trust Wallet representatives reported that the problem only affected BNB and TWT tokens. However, the company later clarified that the glitch affected all crypto assets. The developers emphasized that users should not worry about the safety of their funds, as they are completely safe.
A few hours after the first complaints, Trust Wallet announced that the problem had been resolved
Despite the quick fix, the incident caused serious concern in the crypto community. This is due to the overall increase in threats to digital assets in 2024. According to Chainalysis, the volume of stolen cryptocurrencies since the beginning of the year amounted to $2.2 billion, which is 21% more than last year.
Experts note that such incidents undermine trust in crypto services, even if users' funds remain safe. Trust Wallet managed to restore the normal operation of the platform and minimize the consequences, but users are increasingly thinking about additional measures to protect their digital assets.