Wrench attacks are real-world threats where attackers use force or intimidation to steal crypto assets. As on-chain wealth becomes more visible, these threats are increasing. Users should adopt a mix of privacy, physical security, and smart wallet setups like multisig or time locks to reduce their exposure. Crypto security isn’t just about code—it’s about protecting yourself in real life too.
Q1: Why are wrench attacks becoming more common?
A1: On-chain wealth is transparent and crypto is irreversible
Q2: Which of the following is NOT a good way to reduce wrench attack risks?
A2: Posting wallet balances online
Q3: How does a multisig wallet help defend against wrench attacks?
A3: It prevents any single person from accessing funds alone
Q4: What is the primary benefit of using time locks in smart contracts?
A4: Buys time before large withdrawals execute
