News Summary

• Hackers have stolen more than $2 billion in crypto during the first half of 2025.
• It's the worst year-to-date on record for crypto thefts, according to new data from Chainalysis.
• Much of the stolen crypto this year was attributed to a single breach at crypto exchange Bybit.
• North Korea has become a formidable threat in recent years by targeting Western companies to steal cryptocurrency with the aim of funding its sanctioned nuclear weapons program.
• The FBI said the Bybit hack falls within a broader pattern of North Korean hacks, which have “become increasingly central to the regime’s sanctions evasion strategies”