About Trust Wallet
Trust Wallet is a non-custodial mobile cryptocurrency wallet that supports multiple blockchains and lets users store, send, and receive digital assets without a third party holding their keys. Viktor Radchenko founded the project in 2017, and Binance acquired it in July 2018, making it Binance's official decentralized wallet. Trust Wallet Token (TWT) launched in 2020, first as a BEP-2 token on Binance Chain and then relaunched as a BEP-20 token on BNB Chain in October 2020. It was distributed through airdrops with no fundraising round. TWT is a fungible smart-contract token on BNB Chain, which uses a proof-of-staked-authority consensus model. TWT does not operate a separate layer-one network. The token functions as a governance and utility token, giving holders the ability to vote on feature proposals and app development decisions and to access in-app perks and community incentives. TWT is not used to pay transaction fees on the network. The total supply is capped at approximately one billion tokens, with no new tokens mintable under the smart contract, following an early burn of nearly all of the original supply. Holders participate in on-chain governance to influence the wallet's development direction.
Foundation CEO Zach Herbert urges hardware wallet makers to build locally
Local manufacturing of hardware wallets could enhance security by minimizing supply chain vulnerabilities, potentially reshaping industry practices.
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MEGA's pivot to AI inference products amid staff cuts highlights a strategic shift to regain network relevance and user engagement.
South Korea’s FSC tightens crypto exchange security with 24/7 monitoring rules
South Korea's enhanced crypto exchange security measures could bolster consumer protection and trust, but may also lead to temporary fund access issues.
SafePal users targeted by phishing letters after customer data breach
The breach highlights the vulnerability of personal data in e-commerce, leading to sophisticated phishing attacks that exploit user trust.
StoneX keeps Buy rating on Exodus with $12 target as break-even nears
Exodus's nearing break-even and strong payments growth could drive significant stock appreciation, reflecting broader fintech resilience.
Unocoin flags outgoing BitGo ETH transactions as user lockout drags on
The ongoing user lockout at Unocoin highlights vulnerabilities in crypto exchanges, potentially undermining trust and impacting market stability.
A sourced map of Trust Wallet's relationships is on the way.
Partners, competitors and related assets, each link independently verified and source-linked before it appears here.
The Crypto Briefing podcast is on the way.
Conversations on Trust Wallet and the wider market, hosted by our team, will appear here once episodes are live.