Vitalik Buterin, Ethereum’s
ETH ($2,213.66)
$2,225.44
co-founder, is pushing for stronger wallet security solutions to help users avoid losing access to their digital assets.
Buterin believes that personal losses due to forgotten passwords, lost devices, or lack of backups are just as concerning but often overlooked, while high-profile hacks often dominate the conversation—such as the recent $1.4 billion theft from Bybit
$4.25B
.
In a February 28 post on X, Buterin highlighted how easy it is to lose access to funds, “Software bug, forgotten password, lost device, paper wallet burned down in LA ($0.00) fire, upgraded device without backing up data … lots of ways for that to happen”.

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