North Korea-linked groups stole two-thirds of global cryptocurrency

2 min read

San Francisco-based TRM Labs reported that North Korea-linked hacking groups took $643 million in cryptocurrency in the first half of the year, representing 66.2 percent of $972 million in global crypto hack losses. Two April decentralized finance attacks—a $285 million breach of Drift on Solana and a $292 million hack of KelpDAO on Ethereum—accounted for $577 million of the totals. The sum is down from about $1.7 billion in the same period last year, but TRM cautioned that fewer mega-scale hacks explain the drop and that excluded illicit streams mean actual revenue could be higher.

North Korea-linked groups stole $643 million in cryptocurrency in the first half.