Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
Merin Rebecca Thomas

North Korea Linked To More Than Three Quarters Of All Crypto Losses In 2026; Two Hacks Drain $577M

North Korean hackers have been linked with most crypto-related thefts this year. (Credit: Sergei Tokmakov, Esq. | Pixabay)

North Korean hackers were behind the majority of crypto losses in 2026 so far, with two high-value attacks carried out within weeks accounting for most of the damage, according to a new report.

According to blockchain intelligence firm TRM Labs, about $577 million in crypto was stolen so far through April, with North Korean-linked groups responsible for 76% of all recorded losses. That figure is driven almost entirely by the April breaches of Drift Protocol and KelpDAO, which together made up a small share of incidents but the vast majority of value lost.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.