North Korean hackers have stolen $2B of crypto since 2018: Report
TRM Labs estimates that North Korean hackers have stolen $200 million of cryptocurrency in 2023 alone. North Korean hackers continue to threaten the broader cryptocurrency ecosystem, having stolen an estimated $2 billion of crypto over the past five years. Blockchain intelligence firm TRM Labs released its latest deep dive into the murky world of cryptocurrency-related hacking, focusing on the exploits of North Korean cybercriminals. According to TRM Labs’ data, North Korea has stolen around $200 million of crypto in 2023, accounting for 20% of all stolen funds this year. North Korean cyberattacks are estimated to be 10 times larger than attacks by other malicious actors. Hackers from the country have also honed in on the decentralized finance (DeFi) ecosystem, preying on cross-chain bridges that continue to handle a significant volume of cryptocurrency transfers. Related: North Korea stole more crypto in 2022 than any other year: UN report Cross-chain hacks, such as the Axie Infini...