Comment by duttish

1 day ago

I think there was a rash of this kind of this kind of wrench cryptocurrency robberies in the Netherlands a few years ago.

Break in, bash owner about with a wrench, get coins. <Insert xkcd>

3 comments

duttish

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aurareturn  21 hours ago

Yep, the meme in crypto community is that you can have all the digital security possible but it'll lose to the $5 wrench attack.

alcazar  14 hours ago

This isn’t just a problem in the Netherlands or a thing of the past. 2025 actually saw the highest number of attacks ever recorded [0].

There are ways to prevent this. Like using multi-sig with geographical separation (so you can't move funds alone) or setting up forced time-delays. Ultimately, being your own bank is a massive responsibility, and I think too many people take that reality too lightly.

0: https://stats.glok.me/