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BITCOIN SEASON 2: Bitcoin Has a Wrench Attack Problem

CoinDesk Podcast Network

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The Dark Side of Crypto Custody

This chapter delves into the risks of self-custody in cryptocurrency, particularly focusing on 'wrench attacks' where individuals are coerced into revealing private keys. It provides a harrowing look at violent crimes targeting crypto figures and ordinary holders, driving home the urgent need for security awareness. Through real-life examples and discussions of significant incidents, it emphasizes the responsibilities and vulnerabilities that come with complete control over digital assets.

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