Trust Wallet, the non-custodial wallet owned by Binance, has confirmed a significant security breach affecting its browser extension, resulting in approximately $7 million in user losses. The exploit, which had been in preparation since early December, specifically targeted desktop users running version 2.68 of the extension. In response, the company has urged all users to immediately upgrade to version 2.89, stating the vulnerability has been patched, and reassured that mobile wallet users were not impacted.
Changpeng Zhao, co-founder of Binance, publicly stated that all verified losses from the incident would be fully covered by the company. The breach has reignited market-wide discussions on wallet security and safer methods for digital asset exposure during a period of broader market caution.
Amid this uncertainty, investor attention is shifting toward AI-driven crypto projects perceived to offer tangible utility. DeepSnitch AI, a multi-agent AI platform for traders, has seen its presale price surge 100%, from a starting price of $0.01510 to $0.03080, raising over $915,000. The platform, which features live agents for real-time narrative tracking (SnitchFeed), on-chain behavior monitoring (SnitchScan), and interpretive analysis (SnitchGPT), is marketing itself as a tool for volatile market conditions.
The project is currently in its third presale stage and is offering limited-time bonus incentives. Bonus codes DSNTVIP50 (for a 50% bonus on purchases of $2,000 or more) and DSNTVIP100 (for a 100% bonus on purchases of $5,000 or more) are set to expire on January 1, 2026.
Concurrently, the broader market shows signs of pressure. The native token of the Sei Network, SEI, declined roughly 5% over the past week, sliding from about $0.112 to $0.108. Similarly, Chainlink's LINK token recorded a 4% decline, moving from around $12.52 to $12.12, as traders weighed ongoing market volatility against the token's fundamental adoption trends.
