THE Bitcoin Podcast

BITCOIN INSURANCE, WRENCH ATTACKS, KIDNAPPING & RANSOM, & INHERITANCE SECURITY | Becca Rubenfeld

15 snips
Jul 7, 2025
Becca Rubenfeld, co-founder of AnchorWatch, is transforming Bitcoin security with innovative insurance solutions. She dives into the rise of wrench attacks and the crucial role insurance plays in safeguarding assets against theft. The discussion includes effective inheritance planning for Bitcoin holders and how AnchorWatch's multi-sig vaults simplify the process for families. Becca also highlights the urgent need for kidnap and ransom insurance amid rising threats, showcasing the intersection of crypto and traditional insurance markets.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Insurance Is The True Wrench Defense

  • The only true solution to a wrench attack is insurance.
  • Multi-institutional custody cannot prevent coercion when a gun is involved, so insurance is vital.
ANECDOTE

Becca's AnchorWatch Startup Journey

  • Becca joined AnchorWatch after initially investing and helping develop the Bitcoin attestation MVP.
  • She jumped in as co-founder after seeing commercial viability in Bitcoin-native insured self-custody.
INSIGHT

Miniscript Enables Trusted Custody

  • AnchorWatch uses Miniscript for cryptographically provable insured multi-sig vaults.
  • This gives insurers comfort and customers proof of enhanced custody with timed recovery layers.
Get the Snipd Podcast app to discover more snips from this episode
Get the app