Binance Adds Withdrawal Lockdown to Block Wrench Attacks
The new 1–7 day freeze is the first major exchange feature aimed squarely at physical coercion, not phishing — and it lands as CertiK data shows 75% more wrench attacks in 2025.
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The new 1–7 day freeze is the first major exchange feature aimed squarely at physical coercion, not phishing — and it lands as CertiK data shows 75% more wrench attacks in 2025.
Binance is rolling out a withdrawal lock — a setting that lets users freeze outgoing transfers without disabling their…
The opt-in feature lets users freeze on-chain withdrawals for up to a week, a security control that targets social-engineering and account-takeover vectors, not just external hacks.
The 1–7 day lock is opt-in and only fires when a user flips it on — a UX nudge toward self-custody-grade caution that depends entirely on the user opting in ahead of the hack, not during it.
Slippage tolerance is permission, not protection. A 0.5% default can quietly let MEV bots and sandwich attacks take a much larger cut on a low-liquidity swap.
The vulnerability lives on a single chip inside Trezor's new Safe 7, but the device's multi-layer architecture means attackers would still need physical access, lab equipment and deep expertise —…
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The commissioner is signalling that the agency will case-by-case each vault and lending product, and builders who try to engineer around securities law will pay the price.
The UK is rebuilding crypto rules around the FCA — registration, promotions, stablecoins and a future full regime. Here is what is in force, what is coming, and what it means for users.
A SIM-swap lets an attacker hijack your phone number, beat SMS 2FA, and drain your exchange account. Here is how the attack works and how to lock it down in an afternoon.
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