diff --git a/CHANGELOG.md b/CHANGELOG.md
index ef67961d2a50..cc391bec7aa7 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -165,7 +165,8 @@ Ref: https://keepachangelog.com/en/1.0.0/
 * [\#10466](https://github.com/cosmos/cosmos-sdk/issues/10466) Fixes error with simulation tests when genesis start time is randomly created after the year 2262
 * [\#10394](https://github.com/cosmos/cosmos-sdk/issues/10394) Fixes issue related to grpc-gateway of account balance by
   ibc-denom.
-* [#10593](https://github.com/cosmos/cosmos-sdk/pull/10593) Update swagger-ui to v4.1.0 to fix xss vulnerability.
+* [\#10593](https://github.com/cosmos/cosmos-sdk/pull/10593) Update swagger-ui to v4.1.0 to fix xss vulnerability.
+* [\#10674](https://github.com/cosmos/cosmos-sdk/pull/10674) Fix issue with `Error.Wrap` and `Error.Wrapf` usage with `errors.Is`.
 
 ### State Machine Breaking
 
diff --git a/types/errors/errors.go b/types/errors/errors.go
index 62dab18adf8c..12a912cc49ce 100644
--- a/types/errors/errors.go
+++ b/types/errors/errors.go
@@ -266,11 +266,11 @@ func (e *Error) Is(err error) bool {
 
 // Wrap extends this error with an additional information.
 // It's a handy function to call Wrap with sdk errors.
-func (e Error) Wrap(desc string) error { return Wrap(e, desc) }
+func (e *Error) Wrap(desc string) error { return Wrap(e, desc) }
 
 // Wrapf extends this error with an additional information.
 // It's a handy function to call Wrapf with sdk errors.
-func (e Error) Wrapf(desc string, args ...interface{}) error { return Wrapf(e, desc, args...) }
+func (e *Error) Wrapf(desc string, args ...interface{}) error { return Wrapf(e, desc, args...) }
 
 func isNilErr(err error) bool {
 	// Reflect usage is necessary to correctly compare with
diff --git a/types/errors/errors_test.go b/types/errors/errors_test.go
index c72344e4f1e9..b7e9c478fe26 100644
--- a/types/errors/errors_test.go
+++ b/types/errors/errors_test.go
@@ -200,6 +200,11 @@ func (s *errorsTestSuite) TestWrappedIs() {
 
 	errw := &wrappedError{"msg", errs}
 	require.True(errw.Is(errw), "should match itself")
+
+	require.True(stdlib.Is(ErrInsufficientFee.Wrap("wrapped"), ErrInsufficientFee))
+	require.True(IsOf(ErrInsufficientFee.Wrap("wrapped"), ErrInsufficientFee))
+	require.True(stdlib.Is(ErrInsufficientFee.Wrapf("wrapped"), ErrInsufficientFee))
+	require.True(IsOf(ErrInsufficientFee.Wrapf("wrapped"), ErrInsufficientFee))
 }
 
 func (s *errorsTestSuite) TestWrappedIsMultiple() {