2025 Crypto Theft Reaches $3.4 Billion
TL;DR
- North Korean hackers stole $2.02 billion in cryptocurrency in 2025, a 51% year-over-year increase, pushing their all-time total to $6.75 billion despite fewer attacks.
- The DPRK is achieving larger thefts with fewer incidents, often by embedding IT workers inside crypto services or using sophisticated impersonation tactics targeting executives.
- The DPRK shows clear preferences for Chinese-language money laundering services, bridge services, and mixing protocols, with a 45-day laundering cycle following major thefts.
- Individual wallet compromises surged to 158,000 incidents affecting 80,000 unique victims in 2025, though total value stolen ($713M) decreased from 2024.
- Despite increased Total Value Locked in DeFi, hack losses…
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