In April 2025, a major breach involving the open-source wallet Nunchuk has reignited concerns about wallet security in the crypto community. The exploit targeted a vulnerability in its desktop version, leading to unauthorized access and loss of user funds.
The incident has sparked renewed debate over the pros and cons of software wallets, which are praised for their transparency and flexibility, versus hardware wallets, which are valued for their offline key storage.
Hardware wallets like the Ledger Nano X and Trezor Safe 5 offer strong protection against both physical and remote attacks. However, they are not entirely risk-free, especially if physical access is compromised.
An in-depth comparison by WhalesHeaven explores these trade-offs in more detail.
Experts emphasize that no solution is perfect. Users must weigh convenience, transparency, and security—and stay informed on evolving best practices.
