Threat Intelligence Crypto whales and executives face rising physical attacks June 1, 2026 Share By SC Staff (Adobe Stock) Cryptocurrency executives and whales are increasingly becoming targets for criminals worldwide, despite enhanced security measures, as reported by Tech Radar. The public ledger that underpins cryptocurrency, while enabling transparency, also exposes wealthy holders, known as whales, to identification and targeting by hackers and con artists. Bloomberg reports a 75% year-on-year increase in physical attacks, or crypto wrench attacks, against cryptocurrency holders in 2025. Criminals view these attacks as low-risk, high-return opportunities due to the unrecoverable nature of many crypto holdings and their liquidity. This has led crypto-related firms and exchanges to significantly bolster their security protocols, including employing executive protection, secure travel, and hardened office spaces. Private crypto holders are also investing in bodyguards, attending physical security conferences, and utilizing decoy wallets and time-delay locks. The problem may be understated, as many victims opt not to report losses or involve authorities due to the difficulty of recovering assets and the fear of attracting further attention. Source: Tech Radar SC Staff Related Threat Intelligence Digital Intelligence Lab launches observatory to connect cyber events with geopolitical context SC Staff June 1, 2026 The DIL Observatory maps cyber incidents, including ransomware attacks, data breaches, and cyber militia activity, alongside their geopolitical and social contexts. Threat Intelligence Dutch authorities disrupt massive botnet of 17 million devices SC Staff June 1, 2026 The operation, a collaboration between Dutch police and the National Cyber Security Centre (NCSC), targeted servers hosted by a local provider. Threat Intelligence New threat actor JINX-0164 targets crypto firms with macOS malware SC Staff May 29, 2026 The campaign, active since mid-2025, uses recruitment-themed social engineering to lure developers into downloading a Python-based infostealer and remote access trojan named AUDIOFIX. Related Events Cybercast Better Threat Intelligence Between Public and Private Sectors On-Demand Event Virtual Conference Nationwide Cybersecurity Summit 2025: Safeguarding America’s Digital Future On-Demand Event Virtual Conference Securing the Future of Finance: Strategies to Counter Modern Cyber Threats On-Demand Event Get daily email updates SC Media's daily must-read of the most current and pressing daily news Business Email By clicking the Subscribe button below, you agree to SC Media Terms of Use and Privacy Policy . Subscribe Related Terms Account Harvesting Black Hat Brute Force DNS Spoofing Deauthentication Attack Defacement Distributed Scans Hybrid Attack Information Warfare Password Cracking You can skip this ad in 5 seconds