Over $6M was drained from Trust Wallet users on Christmas
> Trust Wallet browser extension v2.68 was hit by a supply-chain attack on Dec 25, 2025
> Malicious code stole mnemonic phrases from desktop users
> Automated drains followed across BTC, ETH, SOL, and EVM tokens
> Total losses estimated at $6–7M
> ~$4M was laundered via ChangeNOW, KuCoin, and FixedFloat
> v2.69 was released to patch the issue
> CZ said Trust Wallet is committed to full user reimbursement

We’ve identified a security incident affecting Trust Wallet Browser Extension version 2.68 only. Users with Browser Extension 2.68 should disable and upgrade to 2.69.
Please refer to the official Chrome Webstore link here: https://chrome.google.com/webstore/detail/trust-wallet/egjidjbpglichdcondbcbdnbeeppgdph…
Please note: Mobile-only users

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Over the past six months, I've gone from being an observer of Web3 to entering the payment industry. Now, I've chosen to stop and cease working on Web3 payments.

This isn't a retreat after a failure, but rather a judgment and adjustment made after truly getting involved. In these past six months, I've traveled to Yiwu, Shuibei, Putian, and even Mexico, seeing how payments are actually implemented in the most prominent places mentioned in reports. I've also been involved, building a Web3 payment MVP, taking over accounts, developing Web3 payment tools, and trying to run my imagined path from the first step to the last.

But the further I went…

An entrepreneur's account: From beginning to end, why I stopped developing Web3 payments.

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