News

ChainCatcher news, the Trust Wallet Chinese channel published a statement clarifying recent community discussions regarding a vulnerability in early 2018 wallet versions. The vulnerability originated from a third-party open-source random number library that was widely used in the industry at the time. It was fixed in July 2018 and the fix was open-sourced and recorded in the Wallet Core library. The official statement noted that around 10,000 early users were affected, all of whom were notified and completed asset migration, resulting in no losses. Since July 2018, newly created wallets have not been affected. Currently, Trust Wallet uses audited cryptographic libraries and high-strength random number algorithms, and continues to enhance security through independent security audits and bug bounty programs. The team will also launch a "Wallet Security Awareness Series" to educate users on mnemonic and random number security principles, reiterating that "transparency and security are core commitments."

ChainCatcher news, according to Coinglass data, in the past 24 hours, the total amount of liquidations across the network reached 612 million US dollars, with long positions liquidated for 443 million US dollars and short positions liquidated for 169 million US dollars. Among them, bitcoin long positions were liquidated for 141 million US dollars, bitcoin short positions for 51.4941 million US dollars, ethereum long positions for 84.9447 million US dollars, and ethereum short positions for 39.9452 million US dollars. In addition, in the past 24 hours, a total of 205,061 people worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid - BTC-USD, valued at 9.7863 million US dollars.