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Changpeng Zhao: Even hardware wallets may have bugs, splitting funds carries risks

Changpeng Zhao: Even hardware wallets may have bugs, splitting funds carries risks
Risks in hardware wallet protection

Changpeng Zhao highlights that even hardware wallets and those with a long track record can contain bugs. He suggests splitting funds across several wallets as a possible mitigation, but notes this also introduces its own set of risks.

Zhao previously addressed his lack of direct communication with the Giggle Team regarding recent token sales. He has also acknowledged initially underestimating stablecoins, while noting that the Binance and BNB ecosystems distribute over half of them, according to a separate statement. Both comments reflect Zhao’s ongoing engagement with security and market developments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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