Crypto hackers linked to North Korea stole a record $3.8 billion in 2022

Cyber attackers linked to North Korea led last year’s record crypto heist, stealing $3.8 billion, a U.S.-based blockchain analytics firm, Chainalysis, said in a report.

Chainalysis found that October was the biggest single month ever for cryptocurrency hacking, with $775.7 million stolen in 32 separate attacks.

The firm also found that North Korea-linked hackers such as those in the cybercriminal syndicate Lazarus Group have been by far the most prolific cryptocurrency hackers, stealing an estimated $1.7 billion worth in multiple attacks last year.

North Korea has denied allegations of hacking or other cyberattacks.

Targets in "decentralized finance" or DeFi, a thriving segment in the cryptocurrency sector, accounted for more than 82% of the cryptocurrency stolen in 2022, the report said.


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