If you want to learn all major crypto hacks of 2025 and North Korea’s methods, read on for full details.

Why 2025 Crypto Hacks Were Fewer but More Destructive

On-chain analytics firms report that North Korea-linked attacks fell by 74% compared to 2024. Despite fewer incidents, the total stolen assets increased significantly. Hackers focused on high-yield, long-planned operations rather than numerous small attacks.

This strategy shift shows that even with increased security investments, crypto firms remain vulnerable. Attackers adapted to defense systems, developing increasingly sophisticated methods.

Bybit Hack Becomes Historic

In February 2025, Bybit was hacked for $1.5 billion, marking the largest single crypto theft in history. This single attack accounted for most of the stolen funds in 2025.

Other breaches, like the Upbit hack, demonstrated that centralized exchanges still carry high risk. Large liquidity makes these platforms attractive targets for state-backed hackers.

Top 10 Biggest Crypto Hacks in History (Up to 2025)

• Bybit (2025) – $1.5B ETH stolen

• Coincheck (2018) – $534M NEM stolen

• FTX (2022) – $477M crypto lost

• Mt. Gox (2014) – $460M Bitcoin stolen

• DMM Bitcoin (2024) – $308M BTC stolen

• KuCoin (2020) – $281M crypto stolen

• WazirX (2024) – $230M assets stolen

• BitMart (2021) – $196M ETH and BNB stolen

• BitGrail (2018) – $170M Nano tokens stolen

• CoinBene (2019) – $105M ETH stolen

How North Korea’s Crypto Hack Strategy Evolved

Since 2016, North Korea has stolen $6.75 billion in crypto assets. In 2025, their tactics changed significantly. Hackers now infiltrate crypto firms as IT employees, gaining insider access to security systems and private key processes.

Some groups even impersonate recruitment teams of major crypto firms, conducting fake job interviews to trick targets into downloading malicious software that steals login credentials.

Why North Korea Leads in Crypto Hacks

Crypto exchanges handle billions in assets daily. A single successful breach can fund North Korea’s state activities for months.

By early December 2025, total crypto theft reached $3.4 billion, with 59% linked to North Korea, highlighting their dominance in the global crypto hack ecosystem.

Individual Wallet Attacks Rise, Losses Decline

Approximately 158,000 hacks targeted personal wallets in 2025. Around 80,000 users lost crypto in these attacks. Despite more victims, total personal losses fell to $713 million, down from $1.5 billion in 2024.

This indicates stronger personal security but a shift toward smaller, more numerous targets.

Legal Pressure and a New Era

Regulatory scrutiny increased in 2025. Recently, a court ruled that XRP is legally considered property, setting a precedent for stolen crypto cases.

Experts predict this will lead to more investigations and enforcement actions in the future.

How North Korea Launders Stolen Funds

Researchers found North Korean hackers use Chinese money-laundering services and cross-chain bridges to obscure fund movement. A 45-day dormant period after major thefts is typical, followed by fragmented transfers across different networks.2025 data show crypto hacks did not decline—they became more centralized and destructive. North Korea remains the largest state-backed threat to the crypto ecosystem.

Security is no longer just technical; it is a strategic factor directly affecting market stability for exchanges, DeFi protocols, and individual users.

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The post 2025’s Biggest Crypto Hacks: North Korea Stole $2B appeared first on Coin Engineer.

Recently, numerous memecoins have been launched on the Solana network. These coins have gained massive attention, especially from investors looking for quick profits. However, along with this rising demand, some negative effects have started to emerge on the network.

Rug Pull Risk: The Dangerous Side of Memecoins

The rapid rise of memecoins has led to the occurrence of rug pull scams, where malicious actors withdraw all liquidity and abandon the project. This causes significant losses for investors. The Solana network has frequently seen rug pull incidents due to the fast growth and sudden collapse of memecoin projects. This can damage investor trust and have a negative impact on the network’s reputation.

Trump Coin and Investor Reactions

Another major development is the launch of Trump Coin by former US President Donald Trump. The introduction of Trump to the memecoin space has caused great excitement among investors, but it has also raised concerns in some circles. The fact that Trump Coin is hosted on the Solana network has increased interest in memecoins, but it has also created security concerns. Projects like Trump Coin can be appealing to some users, but others view these projects as speculative and risky. Memecoins are highly volatile, so investors can face sudden price fluctuations.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

The future of Solana in the face of the memecoin explosion is being shaped by several risks. The network’s capacity could be strained due to the huge demand for memecoins, potentially affecting its stability. Investors need to be aware of the potential rug pull scams that come with these coins. It’s expected that Solana will need to strengthen security measures and ensure that only reliable projects are chosen to launch on the network.

The World of Memecoins and What Investors Need to Pay Attention to

Interest in memecoins brings along high risks. The future of Solana, in terms of these projects, is likely to be shaped by rug pull risks and security concerns. Investors need to be cautious and only invest in trustworthy projects. Moreover, the rising interest in speculative projects like Trump Coin is prompting investors to be more careful.

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