G7 to Discuss Crypto Hacks, Tackle North Korean Issue: Report

In brief

  • G7 leaders are expected to discuss North Korea’s use of crypto hacks to fund weapons programs next month, amid heightened geopolitical tensions.
  • The DPRK has stolen billions in crypto through advanced cyberattacks, including high-profile breaches like Axie Infinity and Bybit.
  • Officials are increasingly concerned about Pyongyang’s deepening ties with Russia and the growing sophistication of its cyber units.

Leaders from the Group of Seven countries are reportedly looking to discuss how the numerous crypto hacks and malicious cyber activities that North Korea has engaged in for years could be addressed and mitigated.

Discussions will likely center around mounting geopolitical concerns and trade tensions between the U.S. and…

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