Bankless
Bankless

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

February 25, 2026

AI Summary

5 min read

🎙️ The Voices & The Context

  • The Format: Casual interview-style podcast with a solo host interviewing two experts on crypto security threats.
  • The Key Players:
    • Host: Ryan Sean Adams (Bankless co-founder), filling in for David; focuses on "going bankless" while addressing rising anxieties.
    • Jameson Lopp: Co-founder of Casa Security, Bitcoin maximalist and self-custody pioneer; known for deep dives into hardware wallets and wrench attacks.
    • Bo: Former CIA officer, now Head of Safety at Pudgy Penguins; brings intel/military perspective on phishing and physical threats.
  • The Vibe: Intense and anxiety-inducing at first (crypto attacks are "nightmare fuel"), but shifts to educational and optimistic with actionable tactics for empowerment.

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What you'll learn

  • 1 (00:00) **🎙️ Introduction: Jameson Lopp & Bo**
  • 2 (04:00) **Biggest Threats to Crypto Natives**
  • 3 (09:38) **Digital Phishing Threats & Scenarios**
  • 4 (17:04) **Digital Security Tactics**
  • 5 (29:40) **Social Engineering & Authentication Defenses**
  • 6 (45:40) **Physical Wrench Attacks Overview**
  • 7 (58:13) **Wrench Attack Mitigations: Zero Crypto at Home**

+ Full timestamped outline available in the app

Show Notes

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.

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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?

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RESOURCES

Jameson Lopp

Bankless