Crypto robbery risks and vault storage safety

A good general rule of thumb for better crypto security is to store funds in a multi-signature wallet, which uses what amounts to multiple passwords. But such a precaution only prevents half of a wrench attack’s harm: A robber would leave empty-handed, but they still would’ve physically assaulted the crypto’s owner. There’s a still better safeguard, which would go a long way toward mitigating both parts of the scenario I just described. I’m not sure how appealing it will seem to many crypto enthusiasts, though: To really stay safe, they’d have to never tell anyone they have any crypto. But then they’d lose out on the other half of crypto’s appeal, getting to belong to that club. Actually, I’m not sure crypto could even exist if everyone got quiet about it—or at least not to the extent it does today, totaling some $3 trillion. Aside from stablecoins, cryptocurrencies have no underlying value. They’re just lines of computer code that millions of people have decided have value—and generally, the more people talk about that value, the more it increases. So for the same reason no one walks around going, “I’m a big ruby guy, and I’ve just really gotten into antique blood mine diamonds, too,” I expect we’ll hear a little less openly expressed crypto bullishness, especially if crypto prices keep falling as they have been. And gosh, come to think of it, if crypto is worth a lot less, it’d be a good deal less tempting to steal.

One of those attacks happened in New York nymag.com/intelligencer/a..

Crypto exchanges shut out of early Anthropic Mythos access scramble to test their defenses (theinformation.com/articl..). For now, the risk advanced AI models pose “is certainly a bigger problem today than quantum