CZ: Even hardware wallets may have vulnerabilities; there is no 100% security
August 1st, Binance founder CZ posted on social media regarding the "Coldcard Wallet Suspected Vulnerability Resulting in Over $38 million Bitcoin Theft" incident, stating, "Even hardware wallets may have vulnerabilities. Even wallets with a long history may have vulnerabilities. To reduce risk, perhaps funds can be diversified across several wallets? But this will bring another set of risks. There is nothing that is 100% secure."