PANews
PANews|5月 09, 2026 00:05
[The Rising Trend of Cryptocurrency 'Wrench Attacks' Poses Increasing Risks to Victims' Families] According to The Block, a report released by CertiK shows that there were 34 cryptocurrency 'wrench attack' incidents globally in the first four months of 2026, a year-on-year increase of 41%, with victims suffering losses of approximately $101 million. Wrench attacks refer to physical assaults or extortion used to bypass software security systems, becoming an established threat vector for crypto holders. The report predicts that if the current trend continues, around 130 attacks could occur throughout the year, with losses reaching several hundred million dollars. Notably, 82% of the attacks occurred in Europe, with France leading at 24 incidents, continuing last year's high-frequency trend. The attack methods have shifted toward 'data-driven target selection,' where attackers purchase victims' names, addresses, and financial information from online brokers, reducing the need for physical surveillance.
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