According to the source, Chainalysis reports North Korea–linked actors have stolen over $2 billion in crypto year-to-date 2025, accounting for 59% of all funds stolen this year (Chainalysis). Chainalysis has documented that DPRK groups disproportionately target DeFi protocols and cross-chain bridges, underscoring elevated smart-contract and protocol risk for on-chain participants (Chainalysis). For trading and compliance, U.S. Treasury’s OFAC sanctioned the Blender and Tornado Cash mixers for facilitating DPRK laundering, and U.S. persons are prohibited from using these services, heightening legal and compliance risk for flows touching sanctioned mixers (U.S. Treasury OFAC). Regulated U.S. venues are required to screen activity against OFAC sanctions lists, and traders can mitigate counterparty risk by monitoring Chainalysis-flagged DPRK addresses and bridge exploit alerts that Chainalysis attributes to these actors (U.S. Treasury OFAC; Chainalysis).

According to the source, a new report claims North Korea–linked hackers have stolen around $2 billion in crypto this year, spotlighting elevated exploit risk for DeFi protocols and cross-chain bridges. According to Chainalysis, DPRK-affiliated groups stole about $1.7 billion in 2022 and over $1.0 billion in 2023, with the majority sourced from DeFi protocol and cross-chain bridge exploits, indicating where smart-contract risk is concentrated for market participants. According to the U.S. Treasury’s Office of Foreign Assets Control, Tornado Cash was sanctioned in August 2022 and Sinbad was sanctioned in November 2023 for laundering DPRK proceeds, increasing enforcement and compliance risk around mixer-linked flows that can affect altcoin liquidity when tainted funds move. According to FBI, CISA, and the U.S. Treasury, the Lazarus Group uses social engineering and supply-chain compromises to breach crypto firms, underscoring persistent operational risk for centralized venues and DeFi traders. According to Chainalysis, on-chain monitoring of inflows from DPRK-labeled wallets to exchanges and mixers can flag potential cash-out activity after breaches, which traders can track as a proxy for near-term sell pressure in affected assets.

According to @stonecoldpat0, persistent hacker wins using tools meant to protect users threaten the industry’s integrity as institutions onboard, signaling a security and trust headwind for crypto markets and ETH exposure, source: @stonecoldpat0 on X, Dec 12, 2025. He adds that chains solving user-experience issues that lead to fund losses could attract liquidity and attention if Ethereum and peers fail to improve, implying potential capital rotation away from ETH toward UX-first L1s, source: @stonecoldpat0 on X, Dec 12, 2025. For traders, the post highlights monitoring ETH relative performance versus UX-focused alternatives and liquidity shifts during exploit headlines and institutional onboarding phases, with the thesis anchored in the author’s warning on UX and security gaps, source: @stonecoldpat0 on X, Dec 12, 2025.

According to @PeckShieldAlert, November 2025 recorded roughly 15 major crypto exploits with total losses of about $194.27 million (source: @PeckShieldAlert). According to @PeckShieldAlert, losses jumped 969% month over month versus October’s $18.18 million, with the largest impact from Balancer v2 and its forks at $137.4 million, of which $39 million was recovered (source: @PeckShieldAlert).

According to @PeckShieldAlert, October 2025 recorded about 15 major crypto exploits with total losses of $18.18M, an 85.7% decrease from September’s $127.06M (source: PeckShieldAlert, Nov 1, 2025). The Oct. 10 crypto crash led to over $20B in leveraged liquidations within hours, marking the largest liquidation event in the industry’s history (source: PeckShieldAlert). The top three incidents were Garden Finance at $11M, Typus Finance at $3.4M, and MIM Spell at $1.8M (source: PeckShieldAlert).

According to @PeckShieldAlert, roughly 20 major crypto exploits in September 2025 caused total losses of $127.06 million, a 22% decrease from August’s $163 million, source: PeckShieldAlert, Oct 2, 2025. Approximately $13 million drained from a Venus user via a phishing attack has been recovered, source: PeckShieldAlert, Oct 2, 2025. The top incidents were UXLINK at $44.14 million, SwissBorg at $41.5 million, a Venus user at $13.5 million, Yala at $7.64 million, and GriffAI at $3 million, source: PeckShieldAlert, Oct 2, 2025.