North Korean Hackers Top Crypto Exploits List, But Another State May Surprise You
Crypto hacks and exploits have surged to record levels in the first half of 2025, with total losses exceeding $2.1 billion across at least 75 incidents, according to blockchain intelligence firm TRM Labs.
What Happened: The figure marks the highest-ever total for the first half of a year, surpassing the previous record set in the first half of 2022 by around 10%.
The largest single event was the $1.5 billion hack of Dubai-based crypto exchange Bybit in February, which TRM Labs attributes to North Korea.
The Bybit breach alone accounted for nearly 70% of total losses this year, significantly inflating the average hack size to nearly $30 million, double that of H1 2024.
TRM Labs reported that North Korean-linked groups were responsible for approximately $1.6 billion in stolen assets during H1 2025, solidifying …
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