[Bitcoin ’wrench attacks’ on track to double its worst year]
There have already been 35 reported physical attacks on Bitcoiners in just the first seven months of 2025.

<p><img src="https://static.fwimg.io/img/1px.png" alt="Bitcoin ’wrench attacks’ on track to double its worst year"></p><p>There have already been 35 reported physical attacks on Bitcoiners in just the first seven months of 2025.</p>

Bitcoin ’wrench attacks’ on track to double its worst year

Author | Jeff Park (Chief Information Officer, Bitwise)
Compiled by Odaily Odaily(@OdailyChina)
Translator | Dingdang (@XiaMiPP)
Editor's Note: On February 5th, the cryptocurrency market experienced another sharp drop, with over $2.6 billion liquidated in 24 hours. Bitcoin briefly plummeted to $60,000, but the market seems to lack a clear consensus on the causes of this decline. Jeff Park, CIO of Bitwise, offers a new analytical framework from the perspective of options and hedging mechanisms. [...]

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