Surge in Wrench Attacks: 75% Increase Leads to $41M Losses in 2025
CertiK reports a staggering 75% rise in wrench attacks, costing the crypto industry $41 million in losses between 2024 and 2025.
According to CertiK, a leading blockchain security auditing firm, the frequency of wrench attacks has escalated dramatically, with a staggering increase of 75% observed between 2024 and 2025. This alarming trend has resulted in losses amounting to $41 million, highlighting the serious risks faced by cryptocurrency wallet holders.
CertiK emphasizes that such acts of violence against individuals possessing digital wallets have emerged as a fundamental threat within the cryptocurrency landscape. As these incidents rise, the need for heightened security measures and awareness among users becomes increasingly critical to safeguarding digital assets.