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Crypto industry lost $4 billion to hackers in 2022

Arover by Arover
February 1, 2023
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Crypto industry lost $4 billion to hackers in 2022
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US-based blockchain analysis company Chainalysis stated that in 2022, $3.8 billion worth of assets were stolen from the cryptocurrency industry through hackers. While the attacks came to the fore especially in March and October, the figure stolen in October alone was 775 million dollars.

North Korea is in the lead again

In the Chainalysis report, it was stated that North Korea-linked groups were at the forefront by far, and it was stated that a total of $1.7 billion in assets were seized by these groups in the attacks. As it is known, Lazarus is the leader of these groups. US government agencies claim that Lazarus is a group affiliated with the North Korean state and that the stolen money was used in the country’s nuclear weapons tests.

“It carries the country’s economy”

Chainalysis also stated that these groups carried out hacking attacks that would break even their own records. “It is not hard to see that the money from hacking attacks carries a significant part of the country’s economy. However, with each passing year, the number they achieve is decreasing and will decrease even more.”

As it is known, hacking attacks in the crypto money industry first appeared in the DeFi field in 2021. While the growth of the sector made hackers hungry, peak figures were seen in 2022. While the industry is experiencing many hacking attacks individually, some hackers return the funds they stole in exchange for rewards.

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Tags: billionCryptoHackersIndustrylost

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