Why the $5 Wrench Problem Is Crypto’s Biggest Threat

From securities.io

As cryptocurrency prices experience a meteoric rise, so do the crimes targeting the holders of these digital assets. While crypto boasts superior security compared to traditional finance (TradFi) systems thanks to the foundation of decentralized blockchain technology and cryptography, it is just as, if not more, vulnerable to hacks, thefts, and attacks. In fact, wrench attacks in particular have been growing significantly over the last few years. A recent CertiK report claims a total loss of nearly $41 million across 72 crypto wrench attacks in 2025, making it the record year for the number of incidents and total ... (full story)