Cryptocurrency "wrench attacks" are on the rise, increasing the risks faced by victims' families.

CoinFeed reported on May 9th that, according to The Block, a report released by CertiK shows that 34 cryptocurrency "wrench attacks" occurred globally in the first four months of 2026, a 41% increase year-on-year, with victims losing approximately $101 million. Wrench attacks, which involve physical attacks using physical force or extortion to breach software security systems, have become a prevalent threat to cryptocurrency holders. The report predicts that if current trends continue, approximately 130 attacks could occur throughout the year, resulting in hundreds of millions of dollars in losses. Notably, 82% of the attacks occurred in Europe, with France leading with 24 attacks, continuing last year's high incidence. The attack methods are shifting towards "data-driven targeting," with attackers purchasing victims' names, addresses, and financial information through online brokers to reduce the need for physical surveillance.