#CryptoSecurity101

Growing Threats in the Crypto World: Hacks & Wrench Attacks

The crypto space is facing increasing security concerns. North Korean hackers are reportedly responsible for over 60% of cryptocurrency thefts worldwide, including a staggering $1.5 billion theft in Ethereum. These sophisticated cyberattacks often exploit vulnerabilities in DeFi protocols, wallets, and exchanges — putting both users and platforms at great risk. 💻💸

At the same time, a troubling trend in the real world is on the rise: “wrench attacks” — where criminals use physical force, threats, or even torture to extract private keys from crypto holders. 🛠️😨 Unlike online hacks, these attacks directly target individuals, making privacy and personal security just as important as digital protection.