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.
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