North Korean hackers stole a record $2B of crypto in 2025, Chainalysis says
a day ago
- #cryptocurrency
- #cybersecurity
- #blockchain
- North Korean hackers stole a record $2 billion in cryptocurrency in 2025, a 51% increase from 2024.
- DPRK-linked actors were responsible for 76% of all service-level crypto hacks in 2025, focusing on fewer but larger breaches.
- The Bybit hack in March 2025 alone accounted for $1.4 billion of the stolen funds.
- North Korean hackers use sophisticated laundering methods, relying heavily on Chinese-language brokers, bridges, and mixers.
- Stolen funds are typically laundered over a 45-day window, moving through phases from obfuscation to integration.
- North Korea is reportedly using AI to enhance the efficiency and scale of its crypto laundering operations.
- Personal wallet compromises decreased in value but increased in frequency, with 158,000 incidents in 2025.
- GoPlus Security generated $4.7M in revenue in 2025, with its app contributing $2.5M.
- DAWN raised $13M in Series B funding to expand decentralized broadband networks.