Binance Launches 'Withdraw Protection' as Crypto Wrench Attacks Rise 75%

Binance Launches "Withdraw Protection" as Crypto Wrench Attacks Surge 75% in 2025 – #CryptoUpdatesGNIT

The world’s largest cryptocurrency exchange has rolled out a long-awaited security feature designed not to stop hackers — but to stop criminals armed with physical threats. For years, the cryptocurrency industry has poured billions into defending against digital attackers: phishing scams, SIM card swaps, seed phrase theft, and elaborate social engineering campaigns. Yet one threat has stubbornly resisted every technological fix — the criminal wh…

Binance Launches ‘Withdraw Protection’ as Crypto Wrench Attacks Rise 75%

Binance has rolled out a new safety feature called ‘Withdraw Protection,’ letting users freeze outgoing transfers from their accounts for up to seven days, a direct response to a global surge in violent physical attacks targeting crypto holders. Key...

Binance Launches 'Withdraw Protection' as Crypto Wrench Attacks Rise 75%

Binance has rolled out a new safety feature called ‘Withdraw Protection,’ letting users freeze outgoing transfers from their accounts for up to seven days, a direct response to a global surge in violent physical attacks targeting crypto holders. Key Takeaways: Binance launched ‘Withdraw Protection’ on May 4, offering users a provision to block outgoing transfers […]