A version of this article appeared in our The Roundup newsletter on October 3. Sign up here.Hi! Eric here. Physical attacks on crypto investors and their families have risen by a whooping 54% this year compared to last year. Those attacks saw criminals steal over $16 million according to data from a crime tracker set up by Bitcoin developer Jameson Lopp and analysed by DL News. This makes “2025 the highest year on record,” Ari Redbord, global head of policy at blockchain analytics firm TRM Labs, told DL News. TRM Labs tracked a similar amount of physical attacks.Reports about these so-called wrench attacks make for grim reading. They include details of kidnappings, home invasions, threats, and torture. In several gruesome cases, criminals amputated victims’ fingers to get paid.And it’s a global problem. Attacks are happening across the world, including in Brazil, France, Sweden, Norway, Canada, and Thailand.The rise of these assaults marks the duality of the booming $4.3 trillion crypto market. The visibility of that wealth is one of the factors that has driven the rise in violent crimes as it turn those bull run winners attractive targets for criminals, Redbord said.Worse to come?And the crime wave may loom even larger. Analysts anticipate that the rally will stretch well into next year.“Given that there is a correlation between the rise in violent crimes and rising Bitcoin prices, it could be assumed that violent crimes would likely persist in a bull market,” a Chainalysis spokesperson told DL News. To be sure, there are also signs that may alleviate some of the risk. For instance, the introduction of crypto exchange-traded funds “means that people can participate in crypto without holding the underlying asset themselves,” the Chainalysis spokesperson said.“Additionally, law enforcement has been quite effective at tracing stolen funds, arresting perpetrators and providing restitution to victims, although not always successful,” the spokesperson said.Violent $650,000 Bitcoin theft in Israel linked to organised crime: reportAn Israeli man was charged on Wednesday with carrying out a violent crypto robbery in the Israeli city of Herzliya, Ekin Genç reports.Token2049: Crypto industry runs victory lap among influencers and sanction-busting firmsToken2049 highlighted the state of flux the crypto industry finds itself in, reports Liam Kelly. Over the course of a week in October, some 25,000 visitors descended on Singapore for over 300 side events for a World’s Fair for digital finance.Artificial intelligence is terrible at trading crypto. Here’s what could change thatAI agents, autonomous software programmes designed to achieve specific goals without constant human oversight, sit at the bleeding edge of the booming sector. Yet, they’re so far falling short of expectations, Tim Craig reports.Post of the WeekBlackRock’s spot Bitcoin exchange-traded fund IBIT saw $3.5 billion in inflows last week, highlighting the popularity of crypto ETFs. And Larry Fink’s investment giant wasn’t alone. All US-based Bitcoin ETFs saw $4.8 billion in inflows in total last week.$IBIT is #1 in weekly flows among all ETFs w/ $3.5b which is 10% of all net flows into ETFs. Also notable is the rest of the 11 OG spot btc ETFs all took in cash in past week, even $GBTC somehow, that's how hungry the fish are. Two steps forward mode. Enjoy while it lasts. pic.twitter.com/iNrcgiRVHV— Eric Balchunas (@EricBalchunas) October 8, 2025A version of this article appeared in our The Roundup newsletter on October 3. Sign up here.Hi! Eric here. Physical attacks on crypto investors and their families have risen by a whooping 54% this year compared to last year. Those attacks saw criminals steal over $16 million according to data from a crime tracker set up by Bitcoin developer Jameson Lopp and analysed by DL News. This makes “2025 the highest year on record,” Ari Redbord, global head of policy at blockchain analytics firm TRM Labs, told DL News. TRM Labs tracked a similar amount of physical attacks.Reports about these so-called wrench attacks make for grim reading. They include details of kidnappings, home invasions, threats, and torture. In several gruesome cases, criminals amputated victims’ fingers to get paid.And it’s a global problem. Attacks are happening across the world, including in Brazil, France, Sweden, Norway, Canada, and Thailand.The rise of these assaults marks the duality of the booming $4.3 trillion crypto market. The visibility of that wealth is one of the factors that has driven the rise in violent crimes as it turn those bull run winners attractive targets for criminals, Redbord said.Worse to come?And the crime wave may loom even larger. Analysts anticipate that the rally will stretch well into next year.“Given that there is a correlation between the rise in violent crimes and rising Bitcoin prices, it could be assumed that violent crimes would likely persist in a bull market,” a Chainalysis spokesperson told DL News. To be sure, there are also signs that may alleviate some of the risk. For instance, the introduction of crypto exchange-traded funds “means that people can participate in crypto without holding the underlying asset themselves,” the Chainalysis spokesperson said.“Additionally, law enforcement has been quite effective at tracing stolen funds, arresting perpetrators and providing restitution to victims, although not always successful,” the spokesperson said.Violent $650,000 Bitcoin theft in Israel linked to organised crime: reportAn Israeli man was charged on Wednesday with carrying out a violent crypto robbery in the Israeli city of Herzliya, Ekin Genç reports.Token2049: Crypto industry runs victory lap among influencers and sanction-busting firmsToken2049 highlighted the state of flux the crypto industry finds itself in, reports Liam Kelly. Over the course of a week in October, some 25,000 visitors descended on Singapore for over 300 side events for a World’s Fair for digital finance.Artificial intelligence is terrible at trading crypto. Here’s what could change thatAI agents, autonomous software programmes designed to achieve specific goals without constant human oversight, sit at the bleeding edge of the booming sector. Yet, they’re so far falling short of expectations, Tim Craig reports.Post of the WeekBlackRock’s spot Bitcoin exchange-traded fund IBIT saw $3.5 billion in inflows last week, highlighting the popularity of crypto ETFs. And Larry Fink’s investment giant wasn’t alone. All US-based Bitcoin ETFs saw $4.8 billion in inflows in total last week.$IBIT is #1 in weekly flows among all ETFs w/ $3.5b which is 10% of all net flows into ETFs. Also notable is the rest of the 11 OG spot btc ETFs all took in cash in past week, even $GBTC somehow, that's how hungry the fish are. Two steps forward mode. Enjoy while it lasts. pic.twitter.com/iNrcgiRVHV— Eric Balchunas (@EricBalchunas) October 8, 2025

                                                                               Smaller Bitcoin miners surge in hashrate and debt as competition intensifies post-halving, reshaping the industry’s balance of power.                     The Bitcoin mining industry is becoming increasingly competitive, with so-called tier-2 operators closing the gap on established leaders in realized hashrate — a sign of a more level playing field following the 2024 halving.According to The Miner Mag, companies such as Cipher Mining, Bitdeer and HIVE Digital have rapidly expanded their realized hashrate after several years of infrastructure growth, narrowing the distance to top players like MARA Holdings, CleanSpark and Cango.“Their ascent highlights how the middle tier of public miners — once trailing far behind — has rapidly scaled production since the 2024 halving,” The Miner Mag wrote in its latest Miner Weekly newsletter. Read more