The Cryptocurrency Was Stolen by Hackers Last Year to the Tune of $4 Billion.

In the past year, a blockchain analytics firm that tracks cybercrime detected a record $3.8 billion worth of cryptocurrency stolen by hackers extensively, primarily from North Korea. As per a report published last week by researchers at Chainalysis, 2022 will be seen as one of the biggest years ever in terms of cryptocurrency hacking. The company reported a $2 billion increase in thefts from the $3.3 billion stated in 2021, according to its report. A confidential United Nations report published on Monday revealed that North Korea had stolen more digital assets in 2016 than it had in any previous year. 

There was a period when U.S. investors poured millions of dollars into Bitcoin, Ether, and Dogecoin. As a result, they were hoping that the Coronavirus pandemic would result in a fortune. It should be noted, however, that some investors on platforms with poor cybersecurity instead lost their digital wallets by being victimized by hackers, which made their investments worthless.  

Cybercriminals in North Korea stole $1.7 billion in cryptocurrency in 2022, shattering their yearly record for the highest number of cryptocurrencies stolen in a given year. This is according to a Chainalysis report published earlier this month. 

North Korea’s total exports in 2020 were $142 million. Therefore, it’s fair t

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