Binance Security Alert: US Gov’t Investigates Potential Hack Risk In Trust Wallet App

Binance Security Alert: US Gov’t Investigates Potential Hack Risk In Trust Wallet App

Summary

NIST is investigating a critical vulnerability in the iOS version of Binance Trust Wallet related to the trezor-crypto library. Over 6,500 wallet mnemonics may be at risk. The CVE database is also looking into a vulnerability in the Trust Wallet dating back to 2018. Binance founder Changpeng Zhao's sentencing has been postponed. Binance faces rumors of system leaks and user data availability on GitHub, which it denies. NIST's investigation will assign a base severity score for the identified vulnerability. Users are advised to stay informed and follow security measures to protect their cryptocurrency assets.