#CryptoSecurity101 As of June 6, 2025, the cryptocurrency landscape is grappling with an alarming surge in security threats, both digital and physical. In 2024 alone, crypto-related thefts escalated to $2.2 billion, with North Korean hackers responsible for over 60% of these losses, including a $1.5 billion Ethereum heist. Simultaneously, a disturbing trend of physical attacks, termed "wrench attacks," has emerged, targeting crypto holders through coercion and violence to extract private keys. High-profile incidents include kidnappings, torture, and mutilation of victims in countries like the U.S. and France, all in pursuit of digital assets.
In response, the industry is adopting advanced security measures. AI-driven threat detection systems now analyze blockchain activities in real-time to preempt breaches. Hardware wallets have evolved, incorporating biometric authentication and air-gapped technology to safeguard private keys. Additionally