💸 The wrench as a financial instrument
The industry keeps building multisigs and cold wallets. Criminals have settled on a simpler approach: show up at someone's home and ask very insistently. Chainalysis reports over $30 million stolen in physical attacks on crypto holders in the first half of 2026 — and the year isn't over.
Home invasions have climbed to 37% of all incidents, up from 26% in 2023. The logic is straightforward: kidnappings require planning; walking through a front door is just more convenient. France leads the count with 30 incidents since January, a surge Chainalysis links to an alleged breach of tax records exposing high-net-worth holders.
Crypto's great selling point is that transfers are instant and irreversible. Turns out that's also a compelling pitch for someone holding a wrench.
Decrypt
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