- Web3 security firm CertiK said there have been 34 wrench attacks worldwide this year, up about 41%% from a year earlier.
- Confirmed losses so far total about $101 million, and the firm said full-year damage could reach several hundred million dollars if the current trend continues.
- The market says the rise in crimes targeting crypto holders is affecting investor security awareness and asset management practices, while increasing the focus on stronger security and personal data protection.
Forecast Trend Report by Period
Physical crimes targeting cryptocurrency holders are increasing, fueling concern over the spread of so-called wrench attacks.
The Block reported on May 8 that Web3 security firm…
