The hackers stole more cryptocurrency in one attack than all the funds stolen by North Korean cyber criminals in 2024, when the rogue state’s cyber attackers made off with around $1.3bn in digital coins, according to cryptocurrency analysts Chainalysis.

  • TheTechnician27@lemmy.world
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    19 hours ago

    Specifically too it’s very easy to steal in bulk. Sure scamming grandma and grandpa out of their life savings has way fewer safeguards with crypto than with fiat currency, but it’s absolutely still possible without crypto and happens all the time. This is the monetary equivalent of stealing nearly 16,000 kg of gold – something unthinkable with fiat currency.