Hackers connected to the reclusive nation whose entities are often targeted by US sanctions reportedly doubled the amount of crypto they stole in 2023.
Hackers tied to the Democratic People’s Republic of Korea (DPRK) doubled the amount of digital assets they stole from 2023 to 2024, according to a Chainalysis report.
In a report released on Dec. 19, analytics firm Chainalysis said North Korean hackers stole more than $1.3 billion worth of crypto in 2024 across 47 incidents, roughly 61% of the amount from all reported thefts for the year. The company reported that hackers tied to the reclusive nation stole more than $660 million in 2023.
“[I]t appears that the DPRK’s crypto attacks are becoming more frequent,” said Chainalysis, adding:
