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North Korean hackers stole US$400 million in cryptocurrency in 2021

North Korea launched at least seven attacks on cryptocurrency platforms that extracted nearly US$400 million worth of digital assets last year, one of its most successful years on record, blockchain analysis firm Chainalysis said in a new report.“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 per cent,” said the report, which was released on Thursday.“Once North Korea gained custody of the funds, they… ...

North Korea launched at least seven attacks on cryptocurrency platforms that extracted nearly US$400 million worth of digital assets last year, one of its most successful years on record, blockchain analysis firm Chainalysis said in a new report.“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 per cent,” said the report, which was released on Thursday.“Once North Korea gained custody of the funds, they…

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