Zero Crypto at Home: Bankless in the Age of Wrench Attacks and Phishing | Jameson Lopp and Beau

Bankless

Technology, Tech News, News

4.7 • 1.2K Ratings

🗓️ 25 February 2026

⏱️ 103 minutes

🔗️ Recording | iTunes | RSS

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Summary

Crypto’s newest threat isn’t a smart contract exploit, it’s a knock at your door. In this episode, Ryan sits down with Jameson Lopp (Casa) and Beau (former CIA, now safety at Pudgy Penguins) to map the real security landscape for crypto holders in 2026: the phishing traps you’ll see daily, the physical “wrench attacks” that terrify the community, and the practical systems that can make both dramatically less effective. If going bankless is about freedom, this is the playbook for keeping that freedom without turning into your own security team. --- 📣ROCKET POOL | PERMISSIONLESS STAKING https://bankless.cc/Rocketpool --- BANKLESS SPONSOR TOOLS: 🔮POLYMARKET | #1 PREDICTION MARKET https://bankless.cc/polymarket-podcast 🪐GALAXY | INSTITUTIONAL DIGITAL FINANCE https://bankless.cc/galaxy-podcast ⚡ EUPHORIA | REAL-TIME ONE-TAP TRADING https://bankless.cc/euphoria 🌐BRIX | EMERGING MARKET YIELD https://bankless.cc/brix 🏅BITGET TRADFI | TRADE GOLD WITH USDT https://bankless.cc/bitget 🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://bankless.cc/TDRpro --- TIMESTAMPS 0:00 Intro 2:45 The 2026 threat landscape: third parties, privacy, then physical 8:07 Most likely vs most dangerous: phishing vs wrench attacks 17:23 Minimize attack surface + separate your money by risk 20:27 The “3-wallet” model: daily spend, risky ops, deep cold vault 25:08 Hot vs cold: the $1k rule + don’t sign when you’re not sharp 30:01 Social engineering defense: authenticate everything, trust nothing inbound 36:22 Password managers + the 2FA ladder (passkeys/YubiKeys win) 45:05 “Dedicated signing machine” and air-gapped thinking 47:30 Wrench attacks: how targets are found + what the attacks look like 52:50 Why France stands out (and what Dubai’s data shows) 57:37 “Zero Crypto at Home”: multisig + geography + time delays 1:12:27 Duress wallets: why they don’t reliably work 1:16:38 Home hardening checklist: cameras, lights, panic buttons, doors/windows 1:30:59 Onchain privacy reality + tax software pitfalls 1:37:40 Is this a setback for the Bankless vision? --- RESOURCES Jameson Lopp https://x.com/lopp https://casa.io/ Beau https://x.com/beausecurity https://beausecurity.substack.com/ RSA’s Article - Zero Crypto at Home https://x.com/RyanSAdams/status/2016572587363520933 --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

Transcript

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0:00.0	We have two security experts on the podcast today. In addition to myself, this is Ryan Sean Adams.
0:05.6	David can't be with us today. Let me tell you why I'm doing this episode. There's been an
0:11.4	increase in physical attacks on crypto investors. It's probably happened over the last year or two
0:17.3	in particular. I could share a dozen or more stories. This is causing anxiety in the
0:22.5	crypto community. Perhaps as a listener, it's causing you some anxiety as you've seen some of these
0:27.9	in the headlines. So this episode is a way to get back some control. This episode is about
0:34.9	tactics. This is ways to harden your physical security against retch attacks and your digital security
0:41.9	against fishing attacks.
0:43.9	It includes an approach that I like called Zero Crypto at Home, at least that's what I'm
0:49.0	calling it, and it pretty much means what it says.
0:51.6	It is about designing a system so that you can't access
0:56.0	crypto at home using multi-sigs, time delays, third-party verification when needed. Now, I know this
1:03.2	adds some friction in the process. I know in some ways it's not ideal, but it is something
1:09.7	I advise, and that's important, in particular, if
1:12.6	you're a doxed crypto investor, you're not pseudonymous, and your name is out there. Because one
1:17.7	thing I think you'll hear if you've listened to the bankless podcast for any amount of time is
1:21.5	we believe the purpose of crypto is freedom. You want to be your own bank, but you don't want to be your bank security guard.
1:29.9	That is not freedom. So let's figure out how to go bankless in the age of wrench attacks.
1:35.4	Before we do, want to thank our friends and sponsors over at Rocket Pool.
1:40.0	Speaking of non-custodial access, of course, Rocket Pool is a non-custodial staking provider.
1:46.2	They are now launching their Saturn upgrade.
1:49.3	This is the biggest upgrade in Rocket Pool that's ever shipped since its launch.
	...

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