Trust Wallet Launches $7 Million Refund Program Following Chrome Extension Breach
- Security Breach Disclosure: On December 24, 2025, Trust Wallet confirmed a $7 million security breach due to a malicious Chrome extension version v2.68, impacting users globally and forcing the company to implement urgent security measures to protect user assets.
- Compensation Commitment: Trust Wallet has pledged to reimburse affected users, with expected payouts totaling approximately $7 million, which not only reflects the company's accountability to its users but may also impact its future financial stability.
- Enhanced Security Measures: The incident has prompted Trust Wallet to review processes and tighten security measures, with CEO Eowyn Chen noting that the breach stemmed from a leaked API key, highlighting potential vulnerabilities in browser extension security protocols.
- Industry Reaction: The swift response from Trust Wallet has garnered attention within the industry, leading to calls for improved security standards in extension management, which could result in increased regulatory scrutiny on wallet security and affect overall trust in the cryptocurrency sector.
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Technical Analysis for PORTAL
Technical Sentiment Analysis for Portal (PORTAL) As of , Portal (PORTAL) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PORTAL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, PORTAL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Portal (PORTAL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00652 | 0.00957 | 0.0129 | 0.0159 | 0.0192 | 0.0223 | 0.0256 |
| Fibonacci | 0.00957 | 0.012 | 0.0135 | 0.0159 | 0.0184 | 0.0199 | 0.0223 |
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