Bybit
North Korea steals record $2 billion in cryptocurrency in 2025
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North Korean hackers stole a record $2.02 billion in cryptocurrency in 2025, according to a new Chainalysis report, surpassing the previous year's haul by 51 percent and bringing their total to $6.75 billion. The thefts, which accounted for 60 percent of the global total of $3.4 billion stolen, were driven by fewer but larger attacks, including a $1.5 billion breach of the Dubai-based Bybit exchange in February. Experts attribute the success to sophisticated tactics like embedding IT workers in crypto firms and impersonating recruiters.
Bybit, the world's second-largest cryptocurrency exchange, has integrated its Bybit Pay service with Peru's leading digital wallets, Yape and Plin. This move allows millions of users to make crypto-backed payments using familiar QR codes and phone-number transfers. The expansion highlights growing digital payment adoption in Latin America.
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Cybercriminals stole a record $2.7 billion in cryptocurrency in 2025, according to blockchain analytics firms Chainalysis and TRM Labs. North Korean hackers accounted for over $2 billion of the total, marking a 51% increase from the previous year. The largest single incident was a $1.4 billion breach at the Bybit exchange.