Trust Wallet recently experienced a major security incident—an outdated browser extension version contained malicious code, resulting in approximately $7 million worth of assets being stolen. The official team subsequently announced full compensation for affected users, which is quite rare in the crypto industry.

This incident warrants careful examination. For a long time, the crypto market has followed the unwritten rule of "users assume the risk." When problems arise, most platforms choose to distance themselves from responsibility. Trust Wallet’s approach of directly paying out to cover losses, while seemingly straightforward and blunt, indeed reflects a different level of risk commitment. However, it’s also important to clarify—behind the full compensation is both the platform’s sense of responsibility and a pragmatic effort to maintain ecosystem confidence.

From a technical perspective, the vulnerability was in the version update process, which is a system-level issue rather than user error, making it somewhat unfair. But it also serves as a reminder: don’t delay wallet updates, manage seed phrases with zero tolerance, and it’s best to store assets across different chains separately.

An interesting phenomenon is that such incidents often push the entire industry to upgrade security standards. From single-point vulnerabilities to system defenses, from post-incident compensation to pre-incident warning, this evolution tests both users and platforms. What’s your view on this incident? Do you trust the risk management capabilities of leading platforms more, or do you think the security of crypto wallets is always a looming sword overhead?