Crypto news

Leaders of the Group of Seven at the summit in Évian officially recognized North Korean cyberattacks on cryptocurrency platforms as one of the key threats to global financial stability. In the final communiqué, the countries emphasized the need to join efforts to curb the theft of digital assets, which is systematically carried out by hacker groups linked to the DPRK.

Pyongyang, as noted in the document, uses these funds to finance its nuclear and missile programs. However, despite the tough rhetoric, the G7 did not propose specific mechanisms or sanctions measures aimed exclusively at the cryptocurrency sector. This suggests that Western regulators are not yet ready to impose total control over decentralized finance, but are increasing pressure.

Scale of the Threat: Numbers That Cannot Be Ignored

Analytical data confirms the seriousness of the situation. According to my calculations, based on open information, in 2025 alone, North Korean hackers stole approximately $2.02 billion in cryptocurrencies. This is 51% more than in the previous year. The total damage from the activities of these groups in recent years has already exceeded $6.75 billion.

Particularly alarming is the growing complexity of attacks: attackers are increasingly using social engineering, phishing, and zero-day exploits, and are actively laundering stolen funds through mixers and cross-chain bridges. Traditional methods of tracking transactions are becoming less effective.

My assessment of the situation: The G7 statements are an important political signal, but without the implementation of mandatory KYC/AML standards for DeFi protocols and interstate intelligence sharing on suspicious wallets, the damage will only grow. North Korea has already turned the crypto industry into its "oil tap," and until this tap is shut off with strict regulatory measures, we will continue to see record-breaking hacks.