Crypto Holders Face Rising Physical Threats as Wrench Attacks Escalate
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 04 2026- Rise in Violent Attacks: Analysis by Haseeb Qureshi reveals a significant increase in violent incidents, such as wrench attacks targeting crypto holders, with both attack frequency and brutality escalating, indicating heightened real-world risks for visible holders.
- Market Value Impact: The study shows a strong correlation between violent incidents and total crypto market capitalization growth, with approximately 45% of attack variation linked to market cap increases, highlighting how rising crypto prices attract more criminals.
- Regional Disparities: Violent incidents have surged most sharply in Western Europe and parts of the Asia-Pacific, while North America remains relatively safe, illustrating the relationship between crime activity and market exposure levels across different regions.
- Need for Safety Investments: Despite the rise in attacks, broader adoption of cryptocurrency has altered the overall risk landscape, with Qureshi stressing that high-value holders should invest in personal safety measures to address the increasing physical threats they face.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
