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

CZ Urges Binance Users to Lock Accounts While Traveling as Crypto Kidnappings Rise

Why Is Changpeng Zhao Warning Crypto Users About Travel Risk? Changpeng Zhao has warned Binance users to lock their accounts before traveling to countries where crypto-related kidnappings are increasing, pointing to a new phase in how digital asset wealth is being targeted. The warning followed Binance’s rollout of a withdrawal protection feature that allows users to freeze withdrawals for up to 7 days. The tool is intended to delay unauthorized…

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 […]