Chainalysis: Crypto Hacking Slows
The total value stolen in crypto hacks reached $2.2 billion in 2024, a figure that was higher than the $1.8 billion taken in 2023 but lower than the record $3.7 billion stolen in 2022.
While the intensity of crypto hacking increased in the first half of 2024, it “slowed considerably” in July and remained relatively steady after that, blockchain data platform Chainalysis said in a Thursday (Dec. 19) report.
The report said a possible reason for the slowdown is that hackers affiliated with North Korea (DPRK) — who have been responsible for most of the large exploits over the last three years — reduced their hacking activities in the third and fourth quarters.
North Korea signed a mutual defense pact with Russia in June…
