Crypto hacks stole record $4.9 billion in 2022, led by North Korea groups: Report

  • 📰 asiaonecom
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 59%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

SEOUL - Last year was the worst on record for cryptocurrency heists, with hackers stealing as much as $3.8 billion (S$4.9 billion), led by attackers linked to North Korea who netted more than ever before, a US-based blockchain analytics firm said in a report on Wednesday (Feb 1) The report by Chainalysis found hacking activity that 'ebbed and flowed' throughout...

Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on PC motherboard in this illustration taken, on June 29, 2021.SEOUL - Last year was the worst on record for cryptocurrency heists, with hackers stealing as much as $3.

The cryptocurrency market floundered in 2022, as risk appetite diminished and various crypto firms collapsed. Investors were left with large losses and regulators stepped up calls for more consumer protection. "It isn’t a stretch to say that cryptocurrency hacking is a sizable chunk of the nation’s economy," Chainalysis said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto hacks stole record $3.8 billion in 2022, led by North Korea groups - reportSEOUL : Last year was the worst on record for cryptocurrency heists, with hackers stealing as much as $3.8 billion, led by attackers linked to North Korea who netted more than ever before, a U.S.-based blockchain analytics firm said in a report on Wednesday.The report by Chainalysis found hacking activity 都是美国硅谷创造出来的高科技软件? So after NK stolen the crypto currency, who sells them missiles parts in exchange for crypto currency? We know who.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

South Korea, US stage air drills in response to North Korea threatsSEOUL: South Korea and the United States staged joint air drills featuring an American strategic bomber and stealth fighter planes in response to threats from North Korea, the Yonhap news agency
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

North Korea shuts door on US talks, raising risk of provocationsSEOUL – North Korea’s Foreign Ministry said the door remains shut for talks with the US on winding down its atomic arsenal, setting the stage for renewed provocations by pledging to respond to what it saw as threats from Washington. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »

North Korea says US drills have pushed situation to 'extreme red-line': KCNASEOUL — North Korea's Foreign Ministry said on Thursday (Feb 2) that joint drills by the United States and its allies have pushed the situation to an 'extreme red-line' and threaten to turn the peninsula into a 'huge war arsenal and a more critical war zone.' The statement, carried by state news agency KCNA, said Pyongyang was not interested in...
Source: asiaonecom - 🏆 10. / 59 Read more »

North Korea says US drills have pushed situation to 'extreme red-line': KCNASEOUL: North Korea's Foreign Ministry said on Thursday (Feb 2) that joint drills by the United States and its allies have pushed the situation to an 'extreme red-line' and threaten to turn the peninsula into a 'huge war arsenal and a more critical war zone'. The statement, carried by state news agency KCNA
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

North Korea says US drills threaten to turn region into 'critical war zone'SEOUL - North Korea's Foreign Ministry said on Thursday (Feb 2) that drills by the United States and its allies have pushed the situation to an 'extreme red-line' and threaten to turn the peninsula into a 'huge war arsenal and a more critical war zone.' The statement, carried by state news agency KCNA, said Pyongyang was not interested in dialogue...
Source: asiaonecom - 🏆 10. / 59 Read more »