SBI Crypto Hit by $21 Million Hack Linked to North Korean Hackers

**SBI Crypto Suffers $21 Million Hack in Major North Korean Cybersecurity Breach**

SBI Crypto, a prominent cryptocurrency exchange, fell victim to a devastating $21 million hack orchestrated by North Korean hackers, marking another significant blow to the digital asset industry's security landscape. The sophisticated cyberattack resulted in substantial cryptocurrency losses, with stolen funds subsequently laundered through Tornado Cash, a popular decentralized finance (DeFi) privacy protocol.

This massive blockchain security breach highlights the ongoing vulnerabilities facing cryptocurrency exchanges and DeFi platforms worldwide. North Korean hacking groups have increasingly targeted digital asset platforms, contributing to billions in stolen cryptocurrency over recent years. The incident underscores critical concerns about exchange security measures and the challenges law enforcement faces when tracking cryptocurrency transactions through privacy-focused protocols.

The $21 million theft could potentially impact Bitcoin and broader cryptocurrency market sentiment, as investors reassess security risks associated with centralized exchanges. This latest attack reinforces the urgent need for enhanced cybersecurity protocols across the cryptocurrency ecosystem, particularly as institutional adoption continues growing. The incident serves as a stark reminder that even established crypto platforms remain vulnerable to sophisticated state-sponsored hackers targeting digital assets.