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Crypto thefts hit $3.4B in 2025, North Korea responsible for 60%

Crypto thefts hit $3.4B in 2025, North Korea responsible for 60%

Crypto thefts in 2025 reached $3.4 billion, driven by state actors and mega-hacks. The Polymarket contract for Bitcoin dipping to $60,000 in April sits at 0% YES, while Bitcoin above $62,000 on April 17 trades at 100% YES.

Market reaction

The Bitcoin-to-$60K April contract is inactive, with no meaningful volume. The $62K contract has held at 100% YES since last week. Traders are pricing in no contagion from the theft news to Bitcoin’s near-term price.

Why it matters

North Korean hackers accounted for 60% of the $3.4 billion in thefts. That concentration could trigger tighter regulatory action on exchanges and custody providers. But the prediction markets show zero movement toward a bearish Bitcoin outlook so…

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