Binance Issues Real-World Threat Alert With Urgent Advice for Crypto Holders

As physical threats escalate alongside bitcoin’s bull run, Binance is sounding the alarm with a high-impact, five-pronged defense plan to protect crypto holders worldwide.

Binance Reveals 5-Step Action Plan as Crypto-Related Attacks Spike

Crypto exchange Binance issued a safety advisory on May 27, warning the crypto community about a growing threat that extends beyond the digital realm. The Binance Physical Security team reported that as bitcoin prices rise and adoption increases, so too does the risk of physical attacks targeting individuals associated with cryptocurrencies. While still relatively rare, these incidents are growing in frequency and have prompted Binance to urge both caution and preparedness among users.

Binance stated:

Our data shows an increase in the number of publicly reported physical attacks on crypto users since 2021, with the BTC price strongly correlated with the number of such incidents.

“As the industry’s digital defenses become more robust, criminals are increasingly shifting to real-world tactics,” the crypto exchange added. The advisory pointed to concrete data trends: “In 2019, only one incident was recorded, while 15 kidnapping cases were already reported in the first five months of 2025. These numbers are still marginal compared to the overall global number of kidnappings, which varies dramatically between estimates but measures in tens of thousands per year.” Despite the relatively low figures, Binance emphasized that awareness and preventive measures are now necessary for anyone operating in the crypto space—particularly those with public exposure or perceived access to large digital asset holdings.

To help reduce the risk of real-world attacks on crypto holders, Binance recommended five key focus areas with immediate, actionable steps. First, users should limit their online exposure by not publicizing their involvement in crypto, avoiding the sharing of wallet screenshots or transaction histories, and using pseudonyms for blockchain activities to stay discreet. Second, they should strengthen social media privacy settings by making accounts private, removing geolocation data from posts, and delaying the sharing of travel plans or locations until after returning, which can help prevent attackers from tracking their movements.

Third, obfuscate wallet ownership by using privacy-preserving wallets, rotating addresses to prevent long-term transaction links, and avoiding any connection between your real identity and blockchain activity. Fourth, maintain situational awareness by varying travel routines, being discreet at crypto events, and performing physical security audits of your residence or workplace. Fifth, establish emergency contingency plans, such as setting crisis protocols with trusted contacts, using multi-signature wallets or hardware security modules to resist coercion, and knowing how and when to contact authorities or professional security teams if threats arise.

These combined strategies offer a solid foundation for safeguarding both individuals and assets in a high-risk environment. The exchange’s message combined firm warnings with practical recommendations. Binance stated:

Criminals are looking for careless mistakes online, watching behaviors, and exploiting moments of vulnerability in their potential victims.

Source