The global rise of crypto has opened new opportunities for innovation, investment, and unfortunately, cybercrime. As the decentralized world grapples with the consequences of its rapid growth, another shadowy figure emerges on the horizon.
North Korea, an enigmatic nation, has since been suspected of orchestrating extensive cyber heists, primarily focusing on the digital asset sector. A recent report indicates that North Korean hackers have pilfered roughly $180 million worth of crypto within just the first six months of this year.
A Growing Threat To Crypto Security
South Korea’s National Intelligence Service unveiled these alarming figures during a press briefing, which were subsequently reported by Asia Today, a prominent local news agency.
Related Reading: North Korean Hackers Have Stolen Over 1$ Billion In Crypto So Far: Report
They claim that the isolated North has been systematically targeting digital currency platforms, leading to the illegal accumulation of at least $180 million during H1 2023. The rapidity and audacity of these attacks underscore the evolving cybersecurity challenges in the decentralized finance realm.
An annual report from the United States Security Council published in April revealed that North Korean Hackers have stolen more than $1 billion in crypto so far. According to the report, these bad actors often…
