North Korean Hackers Steal Record $2 Billion Cryptocurrency in 2025

State-sponsored North Korean hackers have now taken more than $2 billion in cryptocurrency to date in 2025, almost three times last year’s amount, as per blockchain analytics company Elliptic. 

The major headline attack targeted cryptocurrency exchange Bybit in February. Hackers took advantage of vulnerabilities within Bybit’s wallet system and a supplier’s software to drain 401,000 Ethereum tokens, valued at $1.46 billion, the biggest crypto heist ever.