The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

North Korea-Linked Crypto Theft Surpassed $600,000,000 in 2022, Shattering All-Time High: Report

by Rhodilee Jean Dolor
February 9, 2023
in Scams, Hacks & Breaches

North Korea reportedly stole an unprecedented amount of crypto assets in 2022 as the country continues to pursue its nuclear program.

According to Reuters, a confidential report submitted by independent sanctions agencies to a United Nations security council committee estimates that North Korea-linked hackers stole $630 million in cryptocurrency last year.

The amount is based on information from U.N. member states and cybersecurity firms.

“A higher value of cryptocurrency assets was stolen by DPRK [Democratic People’s Republic of Korea] actors in 2022 than in any previous year.

The variation in USD value of cryptocurrency in recent months is likely to have affected these estimates, but both show that 2022 was a record-breaking year for DPRK (North Korea) virtual asset theft.”

The report says the attacks targeted foreign aerospace and defense companies and were carried out by groups controlled by the nation’s primary intelligence agency, the Reconnaissance General Bureau.

The groups include Lazarus, which is implicated in the WannaCry attacks and the HOlyGhOst ransomware gang, which targets small businesses in various countries.

“These actors continued illicitly to target victims to generate revenue and solicit information of value to the DPRK including its weapons programs.

Initial contacts with individuals were made via LinkedIn, and once a level of trust with the targets was established, malicious payloads were delivered through continued communications over WhatsApp.”

Experts at the U.N. say North Korea relies on cyber attacks to finance its nuclear and missile programs. They say that Pyongyang continues to produce nuclear fissile materials and launched at least 73 ballistic missiles last year.

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney
Featured Image: Shutterstock/Sensvector

Submit a Press Release

Industry Announcements

  • THORChain Faces Legal Action Over $200M Collapse Amid Alleged Mismanagement and Insolvency
    May 19, 2025
  • Binance Alpha Is Changing the Web 3.0 Game
    May 16, 2025
  • NEXPACE Launches MapleStory N and NXPC Token, Charting a New Chapter for MapleStory Universe
    May 15, 2025
  • GSR Invests in Maverix Securities To Support the Launch of Regulated Digital Asset Structured Products
    May 15, 2025
  • Sportsbet.io Launches One Million USDT Giveaway To Mark Champions League Finale
    May 15, 2025
  • Whale.io Accelerating Towards TGE – Unveils ‘Wager and Earn’ Campaign and Launches WHALE Token Conversion
    May 14, 2025
  • Edgen Launches ‘AI Super App,’ Democratizing Institutional-Grade Crypto Market Intelligence
    May 14, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$105,703.32
$105,703.32
0.05%
Ethereum
$2,515.38
$2,515.38
2.96%
BNB
$651.95
$651.95
0.76%
Solana
$166.25
$166.25
1.85%
XRP
$2.38
$2.38
1.03%

Spotlight

  • Cathie Wood Doubles Down on 2030 Bitcoin Price Target, Says BTC Still Has ‘Miles To Go’
    May 12, 2025
  • Bitcoin Now a Deflationary Asset Amid Aggressive BTC Accumulation by Strategy, According to CryptoQuant CEO
    May 12, 2025
  • 161,359 Americans Warned Data Breach May Have Exposed Names, Social Security Numbers, Financial Records and More
    May 12, 2025
  • Healthcare Stock Explodes 719% After Sudden Merger With Bitcoin Firm Owned by President Trump’s Crypto Advisor
    May 12, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl