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Crypto Hacks Stole Record $3.8 Billion in 2022, Report Finds

2023-02-02 3 Dailymotion

Crypto Hacks Stole , Record $3.8 Billion in 2022, Report Finds.<br />NBC reports that last year was the worst <br />on record for cryptocurrency theft, <br />with hackers taking as much as $3.8 billion. .<br />According to a U.S.-based blockchain <br />analytics firm, hackers linked to North Korea <br />stole a record-breaking amount in 2022. .<br />A report by Chainalysis released on February 1 <br />found that hacking activity had <br />"ebbed and flowed" throughout the year. .<br />The report also found that <br />there were "huge spikes" <br />in both March and October. .<br />The month of October ended up being the biggest <br />single month ever for cryptocurrency hacking with <br />32 separate attacks resulting in $775.7 million stolen.<br />NBC reports that 2022 was a hard year for <br />cryptocurrencies, with diminishing risk appetite <br />and the collapse of several crypto firms.<br />NBC reports that 2022 was a hard year for <br />cryptocurrencies, with diminishing risk appetite <br />and the collapse of several crypto firms.<br />In the end, investors suffered huge <br />losses, and regulators increased calls<br />to bolster consumer protection.<br />According to the report, North Korea-linked <br />hackers, like the syndicate Lazarus Group, stole <br />an estimated $1.7 billion in multiple 2022 attacks.<br />In 2022, they shattered <br />their own records for theft, Chainalysis report, via NBC.<br />It isn’t a stretch to say that <br />cryptocurrency hacking <br />is a sizable chunk of <br />the nation’s economy, Chainalysis report, via NBC

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