Coin Stories
Becca Rubenfeld: Insuring Your Bitcoin, Peace of Mind You Didn’t Know You Needed with AnchorWatch
Apr 10, 2025
Becca Rubenfeld, COO and Co-founder of AnchorWatch, shares insights from her career in fashion and coffee to the crypto world. She discusses the urgent need for secure Bitcoin custody and innovative insurance solutions, addressing rising theft risks and the significance of partnering with Lloyd's of London. Becca explains the complexities of Bitcoin insurance policies, including the shift towards Bitcoin-denominated options. Listeners will also discover how to safeguard their investments and plan for inheritance, highlighting the evolving landscape of cryptocurrency safety.
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Quick takeaways
- The rise of wrench attacks underscores the critical need for Bitcoin holders to assess their privacy and security measures diligently.
- AnchorWatch's innovative insurance solutions legitimize Bitcoin as an insurable asset class, enhancing security and peace of mind for users.
Deep dives
The Rise of Wrench Attacks
Wrench attacks are becoming increasingly prevalent, posing a significant risk to Bitcoin holders who are targeted for their assets. An alarming instance highlighted a $59,000 theft that resulted in a murder in South Korea, emphasizing the urgent need for individuals to prioritize their privacy regarding cryptocurrency ownership. This trend underlines the importance of being cautious about public displays of wealth in the crypto space, as such visibility can attract unwanted attention and danger. Individuals are encouraged to assess their privacy and security measures seriously to mitigate the potential risks associated with owning cryptocurrency.
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