Urgent Advice for iPhone Users- Trust Wallet Warns of Probable iMessage Exploit

Cryptocurrency wallet provider Trust Wallet sent a wave of concern through the crypto community on April 15th, 2024, urging iPhone users to disable iMessage immediately. The reasoning? A supposed high-risk zero-day exploit lurking on the dark web, allegedly targeting Apple’s messaging service. Here is a closer look at the situation so we can try to understand what is at stake.

Trust Wallet’s Warning- Zero-Day Exploit in iMessage?

Trust Wallet claims to have received credible intel regarding a zero-day exploit affecting iMessage. A zero-day exploit is a critical security vulnerability that software developers are unaware of, making it highly dangerous as there is no patch available.

According to Trust Wallet, this exploit allows hackers to remotely infiltrate iPhones without any user interaction, possibly targeting high-value accounts holding significant crypto assets. The company’s CEO, Eowyn Chen, even shared a screenshot supposedly showing the exploit being sold for $2 million on the dark web.

Their recommended course of action? Disable iMessage entirely until Apple releases a security patch.

Skepticism and Debate 

While Trust Wallet’s warning sounds alarming, it has been met with skepticism from some industry experts. Critics point out the lack of concrete evidence beyond a screenshot. They argue that Trust Wallet’s actions could create unnecessary panic among users.

For instance, security researcher Beau questioned the credibility of the credible intel based solely on a screenshot. Others highlighted the possibility of causing panic-induced harm by advising such a drastic step as turning off iMessage altogether.

Trust Wallet, however, defended its position. They claim the information came from their security team and partners, who constantly monitor potential threats.

A Look at the Bigger Picture- Cybersecurity Concerns in Crypto

The Trust Wallet incident highlights the broader issue of cybersecurity in the blockchain industry. Due to the vast sums of digital assets they hold, crypto wallets and exchanges are prime targets for hackers.

This incident comes on the heels of Apple releasing emergency security updates in March 2024 to address two separate zero-day vulnerabilities in iOS. Additionally, last month, the crypto community was made aware of a side-channel attack targeting Apple’s M-series chips that let hackers steal cryptographic keys.

These recent events emphasize the constant battle against cyber threats in the digital world.

What Should iPhone Users Do?

While the exact validity of Trust Wallet’s claims remains unclear, it is always wise to focus on security, especially when dealing with cryptocurrencies. Here are some steps you can take:

  • Stay Informed- Keep yourself updated on the latest security threats and vulnerabilities.
  • Enable Two-Factor Authentication (2FA)—This adds more security to your accounts by requiring a second verification code in addition to your password.
  • Use Strong Passwords- Avoid weak or easily recognizable passwords. Consider the use of a password manager for generating and storing complex passwords.
  • Be Wary of unfamiliar links- Do not click on doubtful links or attachments, even if they seem to come from trusted sources.
  • Consider alternative messaging apps– If you are highly concerned about the exploit, you could temporarily switch to a different messaging app with a strong security reputation until the situation is clarified.

Overall, the situation regarding the probable iMessage exploit remains unclear. While it is important to be vigilant about cybersecurity, users should also exercise caution against unnecessary panic. By employing general security measures and staying knowledgeable, one can protect their crypto assets.




Joas Buysse

Joas is a seasoned investor and fintech expert from Bassecourt, Jura, Switzerland. She also works as an administration executive at Stock B. Joas has been working with SB news since 2 years to educate its readers about NFT, Cryptocurrency and Fintech tips.

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