{"id":19731,"date":"2024-12-19T19:36:38","date_gmt":"2024-12-19T17:36:38","guid":{"rendered":"https:\/\/forklog.com\/en\/north-korean-hackers-seize-1-34-billion-in-crypto-in-2024\/"},"modified":"2024-12-19T19:36:38","modified_gmt":"2024-12-19T17:36:38","slug":"north-korean-hackers-seize-1-34-billion-in-crypto-in-2024","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/north-korean-hackers-seize-1-34-billion-in-crypto-in-2024\/","title":{"rendered":"North Korean Hackers Seize $1.34 Billion in Crypto in 2024"},"content":{"rendered":"<p>Since the beginning of the year, hackers linked to North Korea have stolen crypto assets amounting to $1.34 billion, marking a record high, according to a report by Chainalysis.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">North Korean hackers stole more from crypto platforms than ever before: $1.34 billion, which represents 61% of the total amount stolen for the year. <a href=\"https:\/\/t.co\/tVBsOKW8U7\">pic.twitter.com\/tVBsOKW8U7<\/a><\/p>\n<p>\u2014 Chainalysis (@chainalysis) <a href=\"https:\/\/twitter.com\/chainalysis\/status\/1869730169147232422?ref_src=twsrc%5Etfw\">December 19, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;This accounts for 61% of the total amount stolen for the year,&#8221; analysts emphasized.<\/cite><\/p><\/blockquote>\n<p>According to their observations, the total amount of stolen funds increased by 21% compared to 2023, reaching $2.2 billion from $1.8 billion; the number of incidents rose from 282 to 303.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">In 2024, funds stolen increased by approximately 21.07% year-over-year (YoY) to $2.2 billion, and the number of individual hacking incidents increased from 282 in 2023 to 303 in 2024. <a href=\"https:\/\/t.co\/rZx8RH9a1u\">pic.twitter.com\/rZx8RH9a1u<\/a><\/p>\n<p>\u2014 Chainalysis (@chainalysis) <a href=\"https:\/\/twitter.com\/chainalysis\/status\/1869730164042826025?ref_src=twsrc%5Etfw\">December 19, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The chart below illustrates that the largest source of revenue for the perpetrators is linked to the compromise of private keys, accounting for 43.8%.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">Private key compromises accounted for the largest share of stolen crypto in 2024, at 43.8%. <a href=\"https:\/\/t.co\/YmBdfYXIG1\">pic.twitter.com\/YmBdfYXIG1<\/a><\/p>\n<p>\u2014 Chainalysis (@chainalysis) <a href=\"https:\/\/twitter.com\/chainalysis\/status\/1869730166613934357?ref_src=twsrc%5Etfw\">December 19, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;North Korean-linked groups stole $1.34 billion in 47 incidents in 2024, significantly more compared to $660.5 million stolen in 20 attacks in 2023, according to the study,&#8221; writes <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-12-19\/north-korean-hackers-stole-record-1-3-billion-in-crypto-in-2024?utm_source=telegram&#038;utm_content=crypto&#038;utm_medium=social\">Bloomberg<\/a>.<\/cite><\/p><\/blockquote>\n<p>According to Chainalysis, hackers often launder stolen crypto assets through decentralized exchanges, mining services, or crypto mixers to obscure their origins.<\/p>\n<p>As reported by the UN, about half of North Korea&#8217;s foreign currency income is <a href=\"https:\/\/forklog.com\/en\/news\/un-cyberattacks-account-for-half-of-north-koreas-foreign-currency-income\">derived from cyberattacks<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since the beginning of the year, hackers linked to North Korea have stolen crypto assets amounting to $1.34 billion, marking a record high, according to a report by Chainalysis.<\/p>\n","protected":false},"author":1,"featured_media":19730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[274,44,1202],"class_list":["post-19731","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-chainalysis","tag-cybercrime","tag-north-korea-dprk"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=19731"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19731\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/19730"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=19731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=19731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=19731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}