North Korea-Linked Crypto Hacks Rise in 2023 but Stolen Value Decreases

Record 20 Attacks Result in $1 Billion Stolen, Down from $1.7 Billion in 2022

North Korea-linked hackers attacked a record number of crypto platforms in 2023, with 20 known attacks compared to 15 in 2022.
Despite the increase in attacks, the total value stolen decreased to $1 billion in 2023 from $1.7 billion in 2022.
The majority of the stolen funds came from DeFi platforms, which saw $428 million stolen, followed by exchanges with $330 million, centralized services with $150 million, and wallet providers with $127 million.
Overall, 2023 saw a 54% decrease in funds stolen from 2022, with a total of $1.7 billion stolen across all hacks.
Despite the decrease in funds stolen, the number of individual hacking incidents grew to 231 last year from 219 in 2022.