ChangeNOW opinion piece exposes Web3 error budget accessibility barriers crypto that restrict DeFi financial freedom and user mistakes to those who can afford them.

According to Bubblemaps, 68 wallets were funded via ChangeNow just before the ATLAS launch. Source: Bubblemaps on X, Dec 28, 2025. These wallets had no prior on-chain activity, were funded in tight time windows with similar amounts of ETH, and sniped ATLAS at launch. Source: Bubblemaps on X, Dec 28, 2025. Bubblemaps reports these 68 wallets now hold 47% of the ATLAS supply valued around 1 million dollars, highlighting a highly concentrated holder base that traders often monitor. Source: Bubblemaps on X, Dec 28, 2025.

According to @lookonchain, Trust Wallet has been exploited, affecting hundreds of users with losses exceeding $6.77M; source: https://twitter.com/lookonchain/status/2004432489042039144 and https://t.me/investigations/296. The attacker has already moved about $4.25M to ChangeNOW, FixedFloat, KuCoin, and HTX, indicating active off-ramps across swaps and centralized exchanges; source: https://twitter.com/lookonchain/status/2004432489042039144 and https://t.me/investigations/296. Hacker wallet clusters and transactions can be tracked via the ARKM Intel entity link shared in the report, aiding on-chain monitoring; source: https://intel.arkm.com/explorer/entity/2cd56d11-7f5b-4b00-a2e7-842663509f41 and https://twitter.com/lookonchain/status/2004432489042039144. @lookonchain also reports that CZ stated Trust Wallet will fully cover user losses, which is relevant to user recovery and sentiment; source: https://twitter.com/lookonchain/status/2004432489042039144.

According to PeckShieldAlert, a Trust Wallet exploit has drained over $6 million in crypto from victims, with about $2.8 million still in attacker wallets spanning Bitcoin, EVM chains, and Solana. According to PeckShieldAlert, more than $4 million of the stolen funds has been transferred to centralized venues, including roughly $3.3 million to ChangeNOW, $340,000 to FixedFloat, and $447,000 to KuCoin. According to PeckShieldAlert, the compromised component is Trust Wallet Browser Extension version 2.68, and TrustWallet has urged users on 2.68 to disable the extension and upgrade to version 2.69.