Asia Pacific,  Cryptocurrencies,  Cybercrime,  North Korea

North Korean hackers stole $400m in digital assets last year, says report

The regime has launched at least seven cyber-attacks on cryptocurrency platforms, say blockchain experts

North Korea has launched at least seven attacks on cryptocurrency platforms that extracted nearly $400m worth of digital assets last year, one of its most successful years on record, according to a new analysis.

“From 2020 to 2021, the number of North Korean-linked hacks jumped from four to seven, and the value extracted from these hacks grew by 40%,” said the report by blockchain experts Chainalysis, which was released on Thursday.

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