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North Korea’s $1.5B Bybit Heist Drives Crypto Crime to Record High in First Half
8 Articles
8 Articles
North Korea Leads Global Crypto Hack Surge in First Half of 2025
Global cryptocurrency crime is accelerating, and stolen funds by North Korea are making 2025 poised to become the worst year on record, according to a new industry study. Blockchain intelligence firm Chainalysis recently published data as part of its “2025 Crypto Crime Mid-year Update” report. In the first half of the year, more than $2.17 billion had been taken from cryptocurrency services, surpassing the total amount stolen in all of 2024. Add…
North Korea’s $1.5B Bybit heist drives crypto crime to record high in first half
North Korea’s record $1.5 billion heist from the Dubai-based exchange Bybit has fueled an all-time high for global crypto crime, accounting for almost 70% of all virtual currency theft in the first half of this year, according to a U.S. blockchain analytics firm. In its 2025 Crypto Crime Mid-year Update published Thursday, Chainalysis reported that […]
The $1.5 billion hack in cryptocurrencies to the Bybit exchange platform, attributed to the North Korean group Lazarus Group, has caused more digital platform funds to be stolen than in the whole of 2024.In total, $2.17 billion of cryptographic services and individual wallets have been stolen until June, according to the intelligence firm blockchain Chainalysis.Although the attack on Bybit in February was the largest cryptocurrencies exploit eve…
New York, United States.- The $1.5 billion hacking of the Bybit exchange platform, attributed to the North Korean group Lazarus Group, has caused more digital platform funds to be stolen than in the whole of 2024. In total, $2 170 million of cryptographic services and individual wallets have been stolen until June, according to the intelligence firm blockchain Chainalysis. Although the attack on Bybit in February was the largest ever recorded, a…
The Crypto Industry Is on Alert: Thefts and Hacks Have Already Surpassed the Total Recorded Throughout 2024 - The Cryptocurrency Post
TL;DR In six months, crypto thefts and hacks have surpassed the total for the previous year, with over $2.17 billion stolen from platforms and personal wallets. The $1.5 billion attack on Bybit, attributed to the Lazarus Group, stands as the largest recorded exploit, while unauthorized access to wallets now accounts for 23% of stolen funds. Crypto transfers are anonymous, irreversible, and make fund recovery extremely difficult. In just six mon…
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