Blockchain intelligence firm TRM Labs has revealed that hackers associated with the Democratic People’s Republic of North Korea (DPRK) managed to loot more than $600 million worth of crypto assets in 2023. What Happened: According to the report, more hacks discovered towards the end of the year could increase the stolen amount to approximately $700 million if they’re confirmed to be from North Korea. These cybercriminals were responsible for nearly one-third of the total funds stolen in cryptocurrency attacks last year, despite a 30% reduction from their $850 million haul in 2022, the report s…

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