A third of cryptocurrencies stolen by hackers from the DPRK were mined in two attacks
Date: 2023-09-15 Author: Karina Ziganova Categories: IN WORLD
They estimate that losses for the crypto industry from the actions of North Korean hackers have decreased by 80% - in 2022, they stole a record amount of $1.65 billion.
But experts express concern about the dynamics of the attacks. Over the past 10 days, the Lazarus Group hacked the betting platform Stake for $40 million and the CoinEx exchange for more than $55 million.
“However, the fact that numbers have decreased this year does not necessarily indicate an improvement in security or a decrease in criminal activity,” the Chainalysis implementation further states.
According to experts, literally one major hack separates the industry from reaching a billion dollars in stolen funds by 2023.
Strengthened checks of smart contracts can make life much more difficult for hackers, according to Chainalysis.
If you believe the information provided in some sources, the total damage to the crypto industry from the actions of cybercriminals related to Pyongyang amounted to $3 billion. Half of this amount was used to finance the ballistic missile program.
