North Korean hackers have racked up $340 million in stolen cryptocurrencies this year, says blockchain forensics firm Chainalysis. While it’s an 80% fall from 2022, the firm says we’re only one big hack away from crossing the $1 billion mark.
Cryptocurrency stolen by North Korea-linked hackers is down a whopping 80% from 2022 — but a blockchain forensics firm says it isn’t necessarily a sign of progress.
As of Sept. 14, 2023, North Korea-linked hackers have stolen a total of $340.4 million worth of cryptocurrency, down from a record $1.65 billion reported funds stolen in 2022.“The fact that this year’s numbers are down is not necessarily an indicator of improved security or reduced criminal activity,” Chainalysis“In reality, we are only one large hack away from crossing the billion-dollar threshold of stolen funds for 2023.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Putin gives North Korean leader tour of rocket launch center as leaders meetThe leaders of Russia and North Korea met at a remote Siberian rocket launch facility for a summit that underscores how the two leaders’ interests are aligning in the face of their separate, intensifying confrontations with the United States.
Read more »
Vladimir Putin greets North Korean leader Kim Jong Un in eastern Russia for planned meetingRussian President Vladimir Putin greeted North Korea's leader Kim Jong Un at the Vostochny cosmodrome in Russia's eastern Amur region early Wednesday for a rare, planned meeting.
Read more »
North Korean Attackers Linked to $54M CoinEx Hack, Blockchain Data SuggestsA hot wallet of the crypto exchange used to hold users’ tokens was exploited by attackers on Tuesday.
Read more »
North Korean Lazarus Group likely behind CoinEx's $55 million hack: ZachXBTNorth Korea's Lazarus Group was likely behind the $55 million hack of crypto exchange CoinEx, according to on-chain data sourced by ZachXBT.
Read more »
XRP Heist: CoinEx Allegedly Hit by North Korean Hackers, Recent Report ShowsNorth Korea's Lazarus Group suspected in theft of millions of XRP and other popular cryptocurrencies
Read more »
Putin's five most explosive remarks near North Korean borderNorth Korean leader Kim Jong Un arrived in Russia by armored train early on Tuesday amid anticipation that Moscow and Pyongyang could strike an arms deal.
Read more »