The Ethereum Foundation warned that public trust in hardware has "entered free fall," echoing concerns raised by Vitalik Buterin at Devcon 8 in Mumbai, India. The Foundation stated the current state of hardware security is unacceptable and emphasized that users should not need to hack a TV or pry open a hardware wallet to verify a device's trustworthiness. Calling for accessible, open, and verifiable chips as a necessity, the Foundation announced it welcomes development teams working on such solutions. A 26-second video featuring Buterin titled "We need to be able to trust our hardware" accompanied the statement, underscoring the urgency of restoring confidence in hardware integrity within the crypto ecosystem.