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CZ: Even hardware wallets can have vulnerabilities; there is no such thing as 100% security.

2026-08-01 08:53:23
Shareshare

According to BlockBeats, on August 1st, Binance founder CZ posted on social media regarding the "Coldcard wallet suspected vulnerability leading to the theft of over $38 million in Bitcoin," stating, "Even hardware wallets can have vulnerabilities. Even long-established wallets can have vulnerabilities. To reduce risk, you might distribute your funds across several wallets? But that introduces another set of risks. Nothing is 100% secure."

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