📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Analysis: The demand for Crypto Assets custody services is on the rise due to the frequent occurrence of "wrench attacks".
According to ChainCatcher news and a report from Cointelegraph, there has been an increase in "wrench attacks" (physically coercing individuals to obtain Private Keys) targeting Crypto Assets investors, which has driven a rise in market demand for professional custodial services. Data shows that such attacks have significantly increased since 2023, including incidents like the kidnapping of the founder of Ledger, which have raised industry concerns. HashKey and other custody service providers report a significant increase in inquiries about asset custody services from high net worth individuals and family offices. Analysis indicates that while cold wallets provide complete control, they also become a single point of attack, and solutions such as multi-signature and multi-party computation (MPC) are gaining more adoption. Industry experts believe that as the regulatory framework improves and institutional custody solutions become more widespread, such physical attacks will decrease due to the rising cost of crime. Currently, some investors have begun to seek professional security services to protect their personal safety.