Chainalysis finds that state-backed North Korean hackers are more reliant than ever on illicit crypto exchanges in Russia to move money. North Korean hackers are thought to have stolen $3.54 billion in cryptocurrency over the last seven and a half years.
South Korea's National Police Agency has revealed that state-sponsored North Korean hackers have been waging an all-out espionage campaign against the country's defense companies since at least 2022, and have lurked in the networks of some targets for over a year.
The FBI has warned crypto companies of sophisticated social engineering attacks by North Korean hackers targeting employees to install malware leading to crypto theft.