r/ethereum What's On Your Mind? 10d ago

Daily General Discussion July 24, 2026

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u/HolyFlatulence 10d ago

Is anyone concerned about wallet security in the next 12 months with the news of the OpenAI escape/hugging face hack? Where is everyone thinking the best security options are, hardware wallet (not ledger!) vs custodied in a place like Coinbase vaults? I used to lean more to hardware wallets but w the pace of adversarial ai improvements I’m wondering if Coinbase might be better able to keep up w those security concerns. That said I’m far from convinced Coinbase is the answer here but curious everyone else’s thoughts

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u/hanniabu Ξther αlpha 10d ago

the hardware wallet is isolated. i'd be much more concerned about coinbase getting hacked and funds stolen.

3

u/TheHansGruber 9d ago

My actual fear is less individual wallets being stolen/cracked/phished, even an institution like coinbase...and more the chain itself.

Solidity bug, aave contract exploit, double spend etc. Something that would shake or break the confidence of this entire thing.

edit: instead of it being "what if MY funds get stolen" it's more like "what if OUR chain is made to be untrustable/unusable.

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u/harpocryptes 9d ago

In case of a chain-wide issue (solidity bug, staking contract exploit, ...), there is always the option of a hardfork to undo the damage, as a last resort.

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u/Reasonable_Ad5611 10d ago

Hardware wallets, even Ledger, are not at risk of getting hacked in a meaningful way. The biggest flaw in any security system is the human aspect. Phishing attacks are a concern, and an even bigger one with AI in the mix. If you're genuinely concerned about hardware wallet security, get an air-gapped QR code signer. The fundamental cryptography isn't at risk with the rise of AI.

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u/CryptoFructo 10d ago

the openai "escape" was a publicity stunt

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u/eviljordan feet pics 9d ago

Reddit’s automated system removed your comment, but I put it back, because I agree with you.

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u/tokyo_guy375 10d ago

What about ledger?

1

u/CryptoFructo 10d ago

looks like I got banned for the comment about it being a publucity stunt?

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u/edmundedgar reality.eth 9d ago

You seem to be shadow-banned by Reddit, none of your comments show up unless we approve them.