In 2025, on-chain incidents have resulted in approximately $2.1 billion in losses, primarily due to wallet compromises and phishing attacks, with a noted increase in data leaks. Experts have highlighted a growing threat known as malicious approvals, which can drain cryptocurrency wallets without the need for direct hacks. Additionally, a global surge in violent attacks targeting cryptocurrency executives and their families has been reported, including home invasions, kidnappings, and physical assaults such as pistol whipping and finger severing. These so-called "wrench attacks" are becoming more frequent worldwide, affecting crypto entrepreneurs and raising concerns about the security of financial data within the industry.