North Korea Linked to Majority of Crypto Hack Losses in 2025, CertiK Says
Summary
A report from blockchain security firm CertiK reveals that hackers linked to the Democratic People’s Republic of Korea (DPRK) were responsible for approximately $2.06 billion in cryptocurrency losses in 2025, accounting for 60% of total industry theft that year. The findings suggest the regime has industrialized crypto theft as a core revenue mechanism to fund its nuclear and ballistic missile programs. While North Korean actors were involved in only 12% of documented incidents, they shifted toward high-value, precise attacks, such as the $1.5 billion Bybit exploit. The report also highlights an evolution in tactics from simple phishing to sophisticated social engineering and 'physical infiltration,' involving the placement of operatives within Western firms.
(Source:Cointelegraph)