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Fake Delivery Man Steals $11M in Crypto as “Wrench Attacks”

The post Fake Delivery Man Steals $11M in Crypto as “Wrench Attacks” appeared com. Markets Fake delivery guy in San Francisco robbed a dude for $11M in crypto, tied him up and bounced. Physical “wrench attacks” on crypto holders jumped 65% this year, now 61 cases worldwide. Once the coins are gone through mixers in minutes, you’re never seeing that money again. A San Francisco crypto holder got robbed of $11 million when a fake delivery guy forced his way in, tied him up with duct tape, and grabbed his phone, laptop, and wallet keys. It happened November 22 in Mission Dolores. The robber rang the bell with a box, asked for “Joshua” and a pen, then pulled a gun the second the door opened. Security cam footage shared by Y Combinator’s Garry Tan shows the whole creepy act. Cops found the victim shaken but okay; no arrests yet. The thief wore gloves, hoodie, and sunglasses, a classic playbook. Wrench Attacks Are Spiking Hard Casa’s Jameson Lopp counted 61 physical crypto attacks worldwide this year, up 65% from 38 in 2024. Fake couriers, machete gangs, home surveillance, robbers are getting bold. A UK case earlier this month had the same delivery trick for $4. 3 million. 1/2 In June 2024 a victim was brutally robbed for $4. I am proud to share that Faris & his two other accomplices were just sentenced and nearly the full amount of stolen. pic. twitter. com/raTUVdog4y ZachXBT (@zachxbt) November 18, 2025 Expert David Baek says getting the coins back is almost impossible. Thieves dump everything through mixers or private wallets in minutes. Even if cops grab the bad guys, the crypto is long gone. More people are now asking if keeping big stacks at home is still worth the risk when regulated.

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CHP holding annual toy drive

The California Highway Patrol’s Newhall-area Office has started its annual toy drive, according to officials. In addition to starting the collection now, officers are planning the annual “stuff-a-bus” event for Dec. 6-7 [.] The post CHP holding annual toy drive appeared first on Santa Clarita Valley Signal.

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Ripple News: XRP Named a High-Efficiency Institutional Asset in New GTreasury Research

The post Ripple News: XRP Named a High-Efficiency Institutional Asset com. The post Ripple News: XRP Named a High-Efficiency Institutional Asset The report focuses on how faster settlement, lower costs and always-on payment systems are becoming practical tools for companies, not just experimental technology. Faster and Cheaper Global Payments According to the report, digital asset networks allow cross-border payments to settle within seconds instead of the two to three days required by traditional banking systems. This speed reduces delays, improves visibility into payment status and helps companies avoid the high fees associated with multiple intermediaries. For treasurers managing tight cash flow cycles, faster settlement also means fewer disruptions during international transactions. 24/7 Money Movement One of the biggest advantages highlighted is the ability to move value at any time of day. Digital asset rails operate around the clock, unlike banks that close on weekends, holidays and after business hours. Companies with global operations can make urgent payments, respond to market changes or settle supplier invoices without waiting for banking windows to reopen. Real Usage by Institutions Ripple and GTreasury note that these systems are not theoretical. Many financial institutions are already using blockchain-based payment infrastructure in production environments. These transactions involve real money and real compliance processes, showing that the technology has matured far beyond pilot programs. How XRP Fits In The report explains that XRP functions as a settlement asset within these systems because it offers fast processing, deep liquidity and a design focused on institutional stability. This makes it suitable for supporting high-volume global payments and reducing friction in international settlement. While the report does not promote XRP, it positions the asset as part of.