# Hackers stole $100 million in crypto using spy chips

Quick Take · News · Published October 17, 2026 · By [Anthony Asuaje](https://walkeranthony.com/about/), Walker Strategies
Canonical URL: https://walkeranthony.com/news/hackers-stole-100-million-in-crypto-using-spy-chips/

Attackers compromised 324 hardware wallets by inserting spy chips before the devices reached their owners. If you own a hardware wallet, this case demonstrates that the supply chain—not just the software—can also be a point of vulnerability.

This type of attack undermines trust in the physical storage of cryptocurrencies and could exert downward pressure on the broader crypto market, particularly for assets like Bitcoin and Ethereum, which are commonly stored on such devices.

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