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Hardware wallet security is critical. As someone who audits smart contracts, I see similar patterns in software wallets too. The key issue is always key management — where are private keys stored, how are they derived, and what happens during transaction signing.

For DeFi protocols, I always recommend:

  1. Independent security audits (not just the team's internal review)
  2. Bug bounty programs with clear scope
  3. Transparent disclosure policies

The Coldcard situation shows why independent security research matters.