In the first half of 2025, hackers have stolen over $2 billion in cryptocurrency, surpassing the total for the entire previous year. This amount is also approximately 17% higher than the same period in 2022, which held the prior record for crypto thefts. A major contributor to this year's total was a breach at ByBit, attributed to North Korean hackers, who stole over $1.4 billion. North Korea's hacking strategies are closely tied to funding their nuclear program and evading sanctions, intensifying their malicious cyber efforts.
Hackers have stolen more than $2 billion in cryptocurrency in the first half of 2025, indicating the worst year-to-date on record for such thefts.
A significant portion of the stolen crypto is attributed to the ByBit hack, where North Korean hackers stole over $1.4 billion, aiding their sanctions evasion.
North Korea's reliance on attacking Western companies for cryptocurrency theft is linked to funding its nuclear weapons program amid international sanctions.
North Korean hackers were responsible for nearly two-thirds of all crypto hacks in 2024, signifying a serious ongoing threat in the cyber landscape.
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