PANews, June 27 - According to a report by The Block, a recent report from blockchain intelligence company TRM Labs shows that the cryptocurrency industry suffered losses of up to $2.1 billion due to hacker attacks in the first half of 2025, with over 80% stemming from vulnerabilities in infrastructure such as private key theft, mnemonic phrase hijacking, and front-end hijacking. The report points out that North Korean hacker organizations account for as much as 70% of the stolen amounts, primarily used to fund weapon projects. TRM Labs calls for the industry to strengthen multi-factor authentication, cold wallet storage, and cross-border collaboration to jointly address the escalating security threats.
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In the first half of 2025, the amount of Crypto Assets stolen exceeded 2 billion dollars, with infrastructure security being a major disaster area.
PANews, June 27 - According to a report by The Block, a recent report from blockchain intelligence company TRM Labs shows that the cryptocurrency industry suffered losses of up to $2.1 billion due to hacker attacks in the first half of 2025, with over 80% stemming from vulnerabilities in infrastructure such as private key theft, mnemonic phrase hijacking, and front-end hijacking. The report points out that North Korean hacker organizations account for as much as 70% of the stolen amounts, primarily used to fund weapon projects. TRM Labs calls for the industry to strengthen multi-factor authentication, cold wallet storage, and cross-border collaboration to jointly address the escalating security threats.