North Korean hackers are responsible for a whopping 61% of crypto stolen this year, according to blockchain analytics firm Chainalysis—with their total haul amounting to $1.34 billion, over double the figure from 2023.
That’s partly down to financial collaboration between North Korea and Russia, cybersecurity experts told Decrypt, who pointed to an escalation of cyber warfare efforts as individual countries form alliances rather than engaging in solo enterprises.
And the year isn’t over yet—just today, reports that North Korean hackers were sniffing around crypto project Hyperliquid caused the price of its token to plunge by double digits.
North Korean Hackers Stole $1.3 Billion in 2024
North Korea hackers managed to steal $1.3 billion worth of crypto assets in 2024, according to a new report from Chainalysis.
Hyperliquid Token Plunges 21% Amid Fears of Looming North Korea Hack
Are North Korean hackers snooping for vulnerabilities around buzzy DeFi platform Hyperliquid? Security researchers say yes, but Hyperliquid Labs and HYPE holders are pushing back.
MicroStrategy Shares Fall Amid $516 Million Bitcoin Buy and Nasdaq-100 Entry
MicroStrategy unveiled a Bitcoin purchase for the seventh consecutive week, topping off its corporate coffers alongside its Nasdaq-100 debut.
Trump Picks Bo Hines to Lead Presidential Crypto Council
Bo Hines, a former House candidate in 2022 and 2024, will work alongside David Sacks to promote crypto in Donald Trump's administration.
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