TLDR
- GLOK aims to protect Bitcoin users from rising physical threats.
- 18 million crypto owner identities are circulating on the darknet.
- Vranova emphasizes risks even for small crypto holdings.
Alena Vranova, a prominent figure in the cryptocurrency security field, has made a significant announcement. She has launched GLOK, a new security service aimed at protecting bitcoin users from the rising threats of kidnappings and physical extortion.
Vranova, known for her roles as co-founder of Trezor and SatoshiLabs, is leveraging her expertise to address these growing concerns. The launch addresses a gap in user safety as the value of crypto-assets increases.
Vranova’s Role in Crypto Security
Alena Vranova played a crucial role as co-founder of Trezor, the world’s first hardware wallet that set the foundation for secure cryptocurrency storage. Her work in developing hardware-based and operational security for digital assets has earned her recognition in the industry.
During the launch announcement for GLOK, Vranova highlighted the increasing physical risks to crypto owners. She stated, “The stakes are no longer just about reputation, data, and money; physical violence is becoming more prevalent.” This underscores the need for advanced security measures in the cryptocurrency sector.
Rising Threats Highlighted by GLOK
Vranova emphasized that even small crypto holdings can make individuals targets for physical threats. She indicated that amounts less than 0.5 BTC could still be a risk, citing cases where victims with as little as $50,000 in BTC were targeted. This highlights the urgent need for enhanced protection measures.
According to Vranova, “Approximately 18 million crypto owner identities, including 2.2 million with home addresses, are circulating on the darknet.” This proliferation is largely attributed to data leaks from exchanges like Gemini and Coinbase. With 70-80% of the estimated 700 million to 1 billion crypto owners globally having undergone KYC, the risk grows.
Focus on Bitcoin and Wider Implications
While GLOK’s primary focus is on Bitcoin (BTC) users, the security risks and potential threats extend to any holder of significant on-chain assets. This includes those with publicly linkable addresses and KYC records, indicating a broader applicability of GLOK’s services.
No indications of direct implications for Ethereum (ETH) or altcoins were mentioned at this time, but the attack vectors discussed are relevant to all self-custodied crypto holders.
Industry Reactions and Context
The cryptocurrency sector has experienced a rise in “wrench attacks” targeting self-custody users. In one notable case from May 2025, a tourist endured weeks of torture in an extortion attempt. These incidents have prompted increased adoption of enhanced security and self-custody solutions.
Although the GLOK launch has yet to generate direct commentary from leaders like Arthur Hayes or CZ, it echoes concerns widely discussed on social media platforms. Alena Vranova’s presentation at BTC Prague 2025 titled “Harden Your Physical Security” aligns with these heightened awareness levels in the Bitcoin community.
For further details on the GLOK announcement, visit the Nasdaq article covering this development.
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