A record $3.8 billion worth of cryptocurrency was stolen from various services last year, according to a report published Wednesday. The increase in crypto heists, from $3.3 billion in 2021, came as the overall market for cryptocurrencies suffered significant declines. Some of the biggest thefts were driven by North Korean-linked hackers, blockchain analytics firm Chainalysis said in the report. US officials worry Pyongyang will use money stolen from crypto hacks to fund its illicit nuclear and ballistic weapons program. North Korean hackers have stolen the equivalent of billions of dollars in recent years by raiding cryptocurrency exchanges, according to the UN. In an effort to combat digital criminals, law enforcement and national security agencies say they are cracking down on more advanced money laundering techniques.
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