BEP2 Migration Incident: Update and Recommended Actions

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On March 16, 2024, a technical issue emerged affecting the BEP2 to BEP20 migration feature in the Trust Wallet browser extension. This article provides a transparent and comprehensive update on what occurred, how it was resolved, who may have been affected, and the steps users should take to ensure their assets remain secure.

The issue was isolated to specific versions of the browser extension and did not impact the Trust Wallet mobile app. Immediate action was taken to fix the bug, reimburse affected users, and reinforce development protocols to prevent future incidents.


What Happened During the BEP2 Migration

The BNB Chain team previously announced the deprecation of the BNB Beacon Chain (BEP2), urging users to migrate their assets to the BNB Smart Chain (BEP20) to avoid potential loss. In response, Trust Wallet introduced a migration tool within its browser extension to streamline this process for users.

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The migration feature was first introduced in browser extension version 2.7.0 and functioned correctly until version 2.9.0. However, updates in versions 2.9.0 and 2.9.1 inadvertently introduced a critical logic error. This bug caused migrated BEP2 assets to be sent to an incorrect destination address—unrelated to the user’s wallet—resulting in fund loss for a small number of users.

Importantly:

The bug was promptly reported through Trust Wallet’s bug bounty program, enabling the team to act swiftly.


How the Issue Was Resolved

Upon confirmation of the bug, Trust Wallet’s engineering team implemented immediate corrective measures:

An updated, thoroughly tested migration tool was reintroduced in version 2.10, released in early April following Chrome Web Store review.


Who Was Affected?

Understanding whether you were impacted is essential for peace of mind and next steps.

âś… You Are Not Affected If:

⚠️ You May Be Affected If:


Support for Affected Users

Reimbursement Update – April 8, 2024

All reimbursement payments have now been completed.

Affected users who lost BEP2 assets due to the bug in versions 2.9.0 or 2.9.1 received automatic compensation. Funds were returned directly to the original BEP2 wallet address used during the failed migration—this required no action from users.

In most cases, users were reimbursed with the same type of BEP2 asset they lost. The only exception is ShareToken (SHR), where affected users received an equivalent value in USDT due to technical limitations.

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Frequently Asked Questions (FAQ)

Is it safe to use the Trust Wallet browser extension now?

Yes. The issue has been fully resolved in versions 2.9.2 and later. The fix was deployed quickly, and no other features were impacted. Both the browser extension and mobile app are secure for everyday use.

How do I check if I’m using a fixed version?

Most browsers auto-update extensions. To confirm:

  1. Click the puzzle icon (Extensions) in your browser.
  2. Select “Manage Extensions.”
  3. Find Trust Wallet and click “Details.”
  4. Check that your version is 2.9.2 or higher.

If not, restart your browser or manually update.

Was Trust Wallet hacked?

No. This was not a security breach or hack. The issue stemmed from an internal logic error introduced during a routine update—not from external interference or malicious activity.

Will I get back the exact same tokens I lost?

In nearly all cases, yes—users received their original BEP2 assets as reimbursement. Only SHR token holders received USDT equivalent due to smart contract constraints.

How can I safely migrate BEP2 assets now?

You can migrate using the Trust Wallet mobile app, which remains unaffected and fully functional:

The browser extension’s migration tool has been reintroduced in a more robust form in version 2.10.

What steps are being taken to prevent future issues?

Trust Wallet takes full responsibility. To improve quality assurance:


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By maintaining transparency, acting swiftly, and prioritizing user protection, Trust Wallet continues to uphold its mission of making digital asset management accessible and secure for everyone. Whether you're migrating tokens or managing your portfolio, choosing reliable platforms is key to navigating blockchain evolution confidently.