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Commentary Sees Wallet-Vault Split as Fix for Crypto Wallet Drains
The author argues that crypto wallets remain insecure because the same interface both signs transactions and stores a user’s full balance under one private key. Chainalysis tallied billions of dollars stolen last year through phishing signatures, malicious approvals, and drainer kits. The piece presents Ethereum’s 2025 Pectra upgrade and newer wallet tooling as signs that a wallet-vault split may be becoming practical.