Crypto custodians are reporting increased interest in their services amid the rising frequency of so-called “$5 wrench attacks” on cryptocurrency traders, investors and project leaders. In the last ...

With cryptocurrency investments continuing to peak, many wealthy investors in the crypto space are being subjected to a series of violent encounters with thieves, which have come to be known as wrench ...

An analysis of “wrench attacks” shows physical assaults against crypto holders are increasing in number and severity, with Europe and Asia seeing the sharpest rise. After categorizing incidents into ...

Tobi is a crypto writer at Investopedia. He aims to simplify the complex concepts of blockchain and cryptocurrencies for the masses. Stella Osoba is the Senior Editor of trading and investing at ...

Wrench attacks, in which criminals physically assault or threaten crypto users or their families to try to gain access to their digital assets, surged in 2025, with about $40 million in losses, ...

So far this year, $2.17 billion has been stolen from crypto services — already eclipsing 2024's amount, according to a report from Chainalysis. The total amount of crypto stolen from both platforms ...