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Cryptocurrency holders face increasing physical threats

2026-07-25 12:02:09
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Physical threats faced by cryptocurrency holders are increasing

In the first half of 2026,"wrench attacks"(that is, coercing others to hand over digital assets through physical violence) in the cryptocurrency field surged, posing an increasingly serious threat to the security of digital assets. CertiK's comprehensive report shows a significant increase in the number of such incidents compared to last year, characterized by physical conflicts forcing individuals to abandon their cryptocurrency holdings.

Drivers for increasing frequency

In the first half of 2026, global wrench attack incidents increased sharply, with the number of confirmed cases rising from 39 last year to 52. The resulting financial losses also climbed sharply, soaring from an estimated $10.5 million to $124.1 million. Among them, home robberies as part of attacks have increased sharply, showing a worrying trend. CertiK warned that due to a large number of unreported cases and data gaps, the figures disclosed may be just the tip of the iceberg.

Which regions are most affected

Europe is the most affected region, with 39 of the 52 incidents around the world occurring in the region. France was particularly prominent, with 33 attacks reported in that country alone. The increase in incidents in France is related to its active cryptocurrency community and transparent reporting mechanisms, which have made the country a concentrated target for cybercriminals.

The current situation is not caused by a single cause, but a combination of factors has led to the growing threat to Western European cryptocurrency holders. This requires broader discussion to effectively reduce these risks.

Using cutting-edge security measures can help counter such threats. CertiK recommends adopting custody solutions to reduce the risks posed by a single point of control for assets. These include collective transaction approvals, limiting transaction limits and setting withdrawal delays-each designed to prevent security breaches that can occur in times of duress.

CertiK emphasized that cryptocurrency security should not only cover the protection of funds, but also ensure the safety of those who manage funds. Current trends highlight the urgency for stakeholders to strengthen digital defense and personal security protocols.

CertiK's research shows that as duel-based attacks increase, the industry's focus will increasingly turn to protecting digital assets and those behind them, urging stakeholders to re-evaluate personal security measures and operating processes.

The rise in wrench attacks highlights the vulnerability of the cryptocurrency industry to physical crime.

France became the most affected country, indicating targeted attacks by criminals.

Adopting a multi-layered security strategy is critical to protecting the safety of assets and people.

Financial institutions and stakeholders must strengthen awareness and personal protective measures.

CertiK's research highlights the need for a holistic strategy that combines technical defense with a high degree of personal vigilance to respond to the growing threat posed by wrench attacks. As the situation evolves, it becomes increasingly critical for all participants in the digital asset space to be informed and prepared in a timely manner.

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