--- title: Surge in Crypto Theft: North Korean Hackers Responsible... description: In 2024, North Korean hackers were responsible for 61% of cryptocurrency thefts, totaling $1.34 billion across 47 incidents. These attacks primarily targeted... canonical: https://daily.dev/posts/surge-in-crypto-theft-north-korean-hackers-responsible-for-major-losses-in-2024-vvcnwsyxr twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Surge in Crypto Theft: North Korean Hackers Responsible for Major Losses in 2024 | daily.dev og:description: In 2024, North Korean hackers were responsible for 61% of cryptocurrency thefts, totaling $1.34 billion across 47 incidents. These attacks primarily targeted... og:url: https://daily.dev/posts/surge-in-crypto-theft-north-korean-hackers-responsible-for-major-losses-in-2024-vvcnwsyxr og:image: https://api.daily.dev/og/posts/vVcnWsyXr.png og:image:alt: Surge in Crypto Theft: North Korean Hackers Responsible for Major Losses in 2024 og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Surge in Crypto Theft: North Korean Hackers Responsible for Major Losses in 2024 **[Collections](https://daily.dev/sources/collections)** · 1 min read · 1 upvotes · 0 comments ## Summary In 2024, North Korean hackers were responsible for 61% of cryptocurrency thefts, totaling $1.34 billion across 47 incidents. These attacks primarily targeted centralized platforms and were used to evade sanctions and fund military programs. Crypto thefts rose by 21% from the previous year, emphasizing the need for stronger security measures. ## Content In 2024, North Korean-linked hackers emerged as a significant threat to the cryptocurrency industry, being responsible for 61% of all cryptocurrency stolen. This amounted to an alarming $1.34 billion over 47 incidents. The year witnessed a marked rise in crypto thefts, especially in the early months, with the trend seeing a decline post-July, credited to geopolitical shifts, including North Korea's alliance with Russia. Overall, the losses from crypto hacks surged by 21% compared to the previous year, reaching $2.2 billion across 303 incidents. These hacks predominantly targeted centralized platforms, including high-profile thefts from Japan's DMM Bitcoin and India's WazirX. The sophistication of North Korean cyber attacks reached new heights, leveraging these attacks to circumvent international sanctions and fund their military programs. Centralized services were notably targeted more frequently in the second and third quarters of 2024, with compromises of private keys being a critical security vulnerability. Additionally, North Korean IT worker scams have been on the rise, with hackers infiltrating companies, stealing data, and deploying malware. These incidents underscore the urgent need for stronger security measures within the crypto industry to combat the escalating threats from state-sponsored cybercriminals. ## Similar posts on daily.dev - [Don’t just attend KubeCon \+ CloudNativeCon, Merge Forward your experience\!](https://daily.dev/posts/don-t-just-attend-kubecon-cloudnativecon-merge-forward-your-experience--l0rpp73x8) · CNCF · 1 upvotes · 0 comments - [Announcing H2 2026 KCDs](https://daily.dev/posts/announcing-h2-2026-kcds-m96goajm1) · CNCF · 1 upvotes · 0 comments - [Two months of Open Community Groups](https://daily.dev/posts/two-months-of-open-community-groups-asf52zhbs) · CNCF · 0 upvotes · 0 comments - [CNCF Unveils Schedule for KubeCon \+ CloudNativeCon Europe 2026](https://daily.dev/posts/cncf-unveils-schedule-for-kubecon-cloudnativecon-europe-2026-ikhcoa5cb) · CNCF · 2 upvotes · 0 comments - [CNCF Debuts KubeCon \+ CloudNativeCon Japan 2026 Schedule](https://daily.dev/posts/cncf-debuts-kubecon-cloudnativecon-japan-2026-schedule-xp5pyudub) · CNCF · 1 upvotes · 0 comments --- Tags: [#security](https://daily.dev/tags/security), [#cyber](https://daily.dev/tags/cyber), [#crypto](https://daily.dev/tags/crypto) [View this post on daily.dev](https://daily.dev/posts/surge-in-crypto-theft-north-korean-hackers-responsible-for-major-losses-in-2024-vvcnwsyxr) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Surge in Crypto Theft: North Korean Hackers Responsible for Major Losses in 2024","url":"https://daily.dev/posts/surge-in-crypto-theft-north-korean-hackers-responsible-for-major-losses-in-2024-vvcnwsyxr","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/surge-in-crypto-theft-north-korean-hackers-responsible-for-major-losses-in-2024-vvcnwsyxr"},"datePublished":"2024-12-20T05:11:29.010Z","dateModified":"2024-12-20T15:41:36.606Z","description":"In 2024, North Korean hackers were responsible for 61% of cryptocurrency thefts, totaling $1.34 billion across 47 incidents. 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