The company has outlined new standard operating procedures and code-hardening plans.
Trust Wallet plans to strengthen its security defenses as AI advances drive an increase in attacks across the crypto industry, following recent incidents involving Polymarket and Binance.
Neither attack affected Trust Wallet, but the company has already outlined additional security procedures and code-hardening measures, according to CEO Felix Fan.
He said the wallet provider takes industry incidents seriously and reviews the lessons from each attack to improve its own security.
Although Trust Wallet will keep the specifics of its latest measures private for now, Fan said the company is open to releasing reports in the future and collaborating with crypto security firms and other wallet providers.
He added that much of the additional work would not be visible to users but was essential to protecting funds held through one of the industry’s leading self-custody wallets.
