North Korean Hackers Steal Record $2 Billion In Cryptocurrencies

North Korean hackers have executed a devastating cryptocurrency theft campaign, stealing a record-breaking $2 billion in digital assets during 2025, according to blockchain analytics firm Elliptic. The comprehensive report reveals over 30 separate cyberattacks targeting Bitcoin, Ethereum, and DeFi protocols throughout the year, marking the largest cryptocurrency heist in history.

These sophisticated cyber operations have significantly impacted cryptocurrency markets, with stolen funds traced across multiple blockchain networks. The hackers primarily targeted decentralized finance (DeFi) platforms, cryptocurrency exchanges, and digital wallet services, exploiting vulnerabilities in smart contracts and security protocols.

The massive theft represents a 300% increase compared to previous years, highlighting escalating threats to cryptocurrency security infrastructure. Market analysts warn that these attacks could trigger increased regulatory scrutiny and impact Bitcoin and altcoin valuations. The stolen cryptocurrencies were reportedly laundered through privacy coins and decentralized exchanges, making recovery efforts challenging.

This unprecedented breach underscores critical security gaps in the cryptocurrency ecosystem, prompting calls for enhanced blockchain security measures and stricter compliance protocols across DeFi platforms and crypto exchanges worldwide.