A record $3.8 billion of crypto was stolen last year, with $1.7 billion of that heading to North Korea.
A new report reveals that hackers targeting cryptocurrency last year managed to steal a record $3.8 billion in digital coins, with North Korea being the biggest benefactor.
As the South China Morning PostSouth China Morning Post reports, a new report from blockchain analysis company Chainalysis Inc. reveals that 2022 was a record year for cryptocurrency theft. In 2021, $3.3 billion in crypto was stolen, but that increased to $3.8 billion last year.
The majority of that ($3.1 billion) was taken by finding vulnerabilities in bridge services (used to connect different blockchains) that form part of the decentralized finance (DeFi) infrastructure cryptocurrency relies upon.
