North Korean hackers have stolen more than $2 billion in cryptocurrency in 2025, according to blockchain analytics firm Elliptic, and the year isn’t over yet.
Though this year’s record losses are driven largely by the February attack on cryptocurrency exchange Bybit ($1.46 billion stolen), the company has also linked more than thirty additional hacks to North Korea this year.
“The actual figure may be even higher,” the company says. “We are aware of many other thefts that share some of the hallmarks of North Korea-linked activity but lack sufficient evidence to be definitively attributed. Other thefts are likely unreported and remain unknown.”
The hackers are also targeting wealthy crypto holders
North Korean hackers are not just breaking into exchanges, Elliptic noted. There is also a growing number of attacks on high-net-worth individuals.
With cryptocurrency prices generally rising and the price of Bitcoin…
