North Korean hackers stole over $2B in crypto so far in 2025, researchers say
6 months ago
- #North Korea
- #cryptocurrency
- #cybersecurity
- North Korean hackers stole over $2 billion in crypto in 2025, the highest annual total on record.
- Total stolen crypto by North Korea since 2017 is at least $6 billion, possibly more.
- Hackers shifted tactics from exploiting technical flaws to social engineering attacks.
- Main targets include crypto exchanges and high-net-worth individuals.
- Bybit suffered the largest theft this year, losing over $1.4 billion.
- Other notable victims: Axie Infinity ($625M), Harmony ($100M), WazirX ($235M).
- Stolen funds are believed to fund North Korea's nuclear weapons program.
- Estimates align with UN and government reports.