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In 2025, wrench attacks unfortunately crossed a critical threshold. What was once treated as an edge-case risk has become a structural threat to digital asset ownership. Attackers are no longer acting opportunistically; they are operating as organized, transnational groups that combine OSINT-driven targeting, social engineering, and extreme physical violence to extract private keys.
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As we begin 2026, the crypto industry is no longer fighting for the right to exist; instead, it is racing against the legislative clock to finalize the rules of the game before the political tides could shift once again.
Lendhub Incident Analysis
On 13 January, 2023 the multi-chain lending protocol LendHub announced on their Twitter account that they had suffered an exploit on 12 January resulting in the loss of approximately $6 million. The exploiter took advantage of a discrepancy between a retired IBSV cToken and a new token, where the former had not been removed from the protocol's old market despite no longer being in use.