North Korea stole $1.3bn through crypto hacks in 2024 https://t.co/SlBmNEhkiN
North Korea-linked hackers stole more from cryptocurrency platforms this year than ever before, blockchain analytics firm Chainalysis says https://t.co/cYaMPcB6Rc
In 2024, hackers stole $2.2B in crypto across 303 hacks, up from $1.8B across 282 hacks in 2023; in H1 2024, $1.58B had been stolen, but the pace slowed in H2 (Chainalysis) https://t.co/v7wFgZxVQP https://t.co/JElclPH8zB https://t.co/ZOzeer2dpR



North Korean hackers, identified as the Lazarus Group, have stolen $34 million from a cryptocurrency startup by posing as venture capitalists, according to the FBI. This marks a new tactic for the group, which has previously stolen over $3 billion from crypto startups since 2017. The hackers used a fake Telegram account to contact the startup's CEO in November 2023, tricking them into executing a script file that installed malware known as CryptoMimic. This malware provided the hackers with remote access to the startup's computers, allowing them to steal private keys for 5,000 addresses holding crypto tokens worth over $17 million. The FBI traced some of the stolen tokens to accounts on crypto exchanges Binance and MEXC, with $3.2 million of the cryptocurrency now in FBI custody. Additionally, North Korea-linked hackers accounted for 61% of all crypto stolen in 2024, totaling $1.34 billion across 47 incidents, as reported by Chainalysis.