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North Korean hacker stole $1 billion worth of Cryptocurrency

A new report has revealed an unsettling flood in cyber-attacks coordinated by North Korean hackers, showing a developing pattern in the targeting of cyrptocurrency. The analysis company's discoveries uncovered that in 2023, these hackers directed a stunning 20 attacks, denoting the biggest number recorded since such record-keeping started in 2016.

While the total worth of stolen digital currency saw a drop from the earlier year, diminishing from $1.7 billion of 2022 to somewhat more than $1.0 billion in 2023, as revealed by Chainalysis. The ascent in the quantity of hacking occurrences raises cautions within the cybersecurity community. The report features the determined danger presented by North Korean cyber-espionage groups, including Kimsuky and Lazarus Group, who utilize different malignant strategies to aggregate significant measures of crypto resources.