How DPRK Hackers Claimed 51% of 2025's Crypto Losses

In 2025, DPRK-linked groups accounted for over $2B of the $4B lost in Web3 hacks, targeting centralized exchanges through social engineering rather than code flaws. The Bybit breach alone neared $1.5B. Stolen funds moved through a “Chinese laundromat” of OTC brokers and cross-chain routes. As state-backed cybercrime industrializes, exchanges like Binance are hardening defenses with Red Team training and real-time monitoring.