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Wrench attacks increased by 75% in 2025, resulting in $41M losses: CertiK

•2 min read
Wrench attacks increased by 75% in 2025, resulting in $41M losses: CertiK

In a recent report released by CertiK, a prominent blockchain security auditing firm, data indicates a striking 75% increase in wrench attacks in 2025, leading to estimated financial losses of around $41 million. The firm has categorized these violent incidents against cryptocurrency wallet holders as a serious and growing threat within the crypto landscape.

Wrench attacks typically involve physical intimidation or violence directed at individuals to gain access to their cryptocurrency assets. As the cryptocurrency market continues to expand, the risks associated with digital assets are evolving, with physical assaults becoming a more prevalent tactic among criminals. CertiK's findings shed light on the urgent need for enhanced security measures and awareness within the crypto community to protect individuals from such threats.

The report highlights that the surge in wrench attacks is not just an isolated incident but rather a reflection of broader security challenges facing cryptocurrency users. As the value of cryptocurrencies continues to rise, so too does the incentive for criminals to resort to extreme measures to gain access to digital wallets. This alarming trend underscores the importance of vigilance and the implementation of protective strategies by wallet holders.

In response to these growing concerns, industry experts suggest that individuals take proactive steps to secure their assets. This includes utilizing hardware wallets, employing multi-factor authentication, and maintaining a low profile regarding their cryptocurrency holdings. Education around personal safety and security is also critical, as users must be aware of their surroundings and the potential risks associated with carrying significant amounts of cryptocurrency.

As the crypto ecosystem matures, it is imperative for both users and developers to prioritize security and implement measures that mitigate the risks of wrench attacks and other forms of violence targeting wallet holders.

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This article was inspired by reporting from CoinTelegraph. · Report an issue

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