**Cryptocurrency Theft on the Rise**: In 2024, over **$2.2 billion worth of cryptocurrency** was stolen from various platforms. This represents a **21% increase** in theft compared to the previous year. The number of hacking incidents also rose from 282 in 2023 to 303 in 2024.
A significant portion of these thefts, **$1.34 billion**, was attributed to hackers linked to North Korea. These cybercriminals are believed to use the stolen funds to finance their weapons programs, posing a threat to international security.
Some notable hacks included a **$305 million theft from Japan's DMM Bitcoin platform** in May and a **$235 million attack on India's WazirX** in July.
The report suggests that as the value of cryptocurrencies increases, so does the incentive for criminals to target these platforms. It also highlights the need for improved security measures and international cooperation to combat these threats.
$BTC $ETH $XRP #BinanceAlphaAlert
#CryptoTheftAlert