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Chainalysis: Suspected North Korea-Linked Hacks Account for Nearly 89% of Reported Crypto Hack Losses This Year

Chainalysis said suspected North Korea-linked hacks account for nearly 89% of reported cryptocurrency hack losses so far this year, up from 15% in 2021. The blockchain analytics firm attributed the roughly $6.4 billion Binance hack this week to North Korean group TraderTraitor. The average reported loss per suspected DPRK-linked hack rose from $50.65 million in 2021 to $185.65 million in 2026 year-to-date, about 3.7 times larger.
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