• Blog
  • California Consumer Privacy Act (CCPA)
  • Cart
  • Checkout
  • Contact
  • DMCA
  • Home
  • My account
  • Privacy Policy
  • Shop
Wednesday, October 8, 2025
  • Login
Buyer's Insight
  • Home
  • Top Stories
  • Local News
    • Politics
    • Business & Economy
    • Entertainment
    • Sports
  • Health
  • Lifestyle
  • Science & Environment
  • Technology
  • Review Radar
    • Weight Loss Products Reviews
    • Forex Trading
    • Shop
  • Contact
No Result
View All Result
  • Home
  • Top Stories
  • Local News
    • Politics
    • Business & Economy
    • Entertainment
    • Sports
  • Health
  • Lifestyle
  • Science & Environment
  • Technology
  • Review Radar
    • Weight Loss Products Reviews
    • Forex Trading
    • Shop
  • Contact
No Result
View All Result
Buyer's Insight
No Result
View All Result

North Korean pirates have stolen more than $ 2 billion in crypto so far in 2025, according to researchers

James Walker by James Walker
October 7, 2025
in Technology
Reading Time: 3 mins read
0
0
SHARES
0
VIEWS

Pirates working for the North Korean government have stolen more than $ 2 billion in crypto so far this year, according to the Elliptic blockchain analysis company.

Tuesday, Elliptic published a blog post with this new estimate, which, according to the company, is “the greatest annual total ever recorded, with three months to go”, and is based on more than 30 piratages this year.

The previous record dates back to 2022 when North Korea had stolen $ 1.35 billion. The total amount of cryptocurrencies stolen by the regime since 2017 is at least $ 6 billion, according to Elliptic, which said that this figure could still be underestimated.

“The actual figure could be even higher. Awarding cybervols to North Korea is not an exact science,” read the blog.

“We are aware of many other flights which share some of the characteristics of the activities related to North Korea, but we lack sufficient evidence to be definitively attributed. Other flights are probably not reported and remain unknown,” said Elliptic.

Images credits:Elliptical

The company has said that the main targets of North Korea remain the exchanges of cryptocurrencies, but that the IT hackers also begin to target “wealthy individuals” who have large quantities of cryptocurrencies.

And this is not the only recent change, said the company.

“The majority of computer hacks in 2025 were perpetrated through social engineering attacks, where computer hackers deceive or manipulate individuals in order to access cryptocurrency,” you can read in the blog. “This marks a change compared to previous attacks where, in many cases, technical flaws in cryptographic infrastructure were exploited to steal funds. This change highlights that the weak point of the safety of cryptocurrency is more and more human rather than technical.”

Elliptic’s estimate seems to comply with that of other organizations. Last year, the United Nations Security Council estimated that between 2017 and 2023, North Korean pirates stole $ 3 billion in cryptocurrencies. By adding elliptic estimates of $ 2 billion for this year and $ 742.8 million last year, the total is close to the figure of $ 6 billion.

Governments of Japan, South Korea and the United States have accused North Korean IT pirates of having stolen more than $ 659 million in 2024, almost the same figure as Elliptic.

The United Nations believe that the regime led by Kim Jong-un uses the stolen crypto to finance its nuclear weapon program.

This year’s record was mainly fueled by the massive flight of more than $ 1.4 billion on the cryptographic exchange bybit, that the FBI and several supervisory companies and researchers from the blockchain have attributed to North Korea.

Other victims of North Korean pirates in the world of cryptography over the years have been the game to win infinity Axie ($ 625 million in 2022), the crypto startup Harmony ($ 100 in 2022) and the exchange of Crypto Wazirx ($ 235 million in 2024), among others.

Source link

Post Views: 0
Tags: billioncryptoKoreanNorthpiratesresearchersstolen
Previous Post

Bihar Politics: Mahagathbandhan strengthens ahead of 2025 Assembly elections

Next Post

Taylor Swift on the life of an album Showgirl Criticism, Haters

Related Posts

Technology

A sugar gel triggers a robust regrowth: sciencealerlet

October 8, 2025
Technology

Philips Hue Customizable String Lights Are Up To $125 Off For October Prime Day

October 8, 2025
Technology

OPENAI and the race for trade piloted by AI

October 8, 2025
Technology

A safety bug in the Indian income tax portal has revealed the sensitive data of taxpayers

October 8, 2025
Technology

Save on Blink, Anker, Roku and Fire TV

October 8, 2025
Technology

Google’s latest AI model uses a web browser like you

October 8, 2025
Next Post

Taylor Swift on the life of an album Showgirl Criticism, Haters

Zoma News Pulse

  • Home
  • California Consumer Privacy Act (CCPA)
  • Contact
  • DMCA
  • Privacy Policy

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Top Stories
  • Local News
    • Politics
    • Business & Economy
    • Entertainment
    • Sports
  • Health
  • Lifestyle
  • Science & Environment
  • Technology
  • Review Radar
    • Weight Loss Products Reviews
    • Forex Trading
    • Shop
  • Contact