North Korea’s Crypto Hackers Steal $3 Billion — Bitcoin’s Future at Risk?
Let's analyze how North Korea's expanding crypto hack threat impacts global blockchain security and Bitcoin's price movement.
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North Korea’s government-supported technological employees are broadening their cyber activities beyond US tech companies, including Google, to focus on international digital currency platforms. Recent intelligence reports show Pyongyang is training many IT experts to penetrate blockchain networks and take digital assets. This increasing menace, with North Korean crypto hackers already taking more than $3 billion from crypto exchanges and DeFi protocols since 2018, might upset the whole digital asset infrastructure. As evasion of sanctions grows more advanced, how exposed is your cryptocurrency portfolio to state-supported strikes?
The North Korea Crypto Warfare: How Crypto Hackers Exploit DeFi and Fund Nuclear Ambitions
Originally concentrating on conventional finance, the Lazarus Group and other North Korean hacking units have developed their skills into crypto robbery. These agents now claim to be independent developers to get inside blockchain projects; their latest assaults reveal a sophisticated understanding of smart contract flaws. US authorities are alert that the danger has grown beyond American objectives to encompass European and Asian cryptocurrency businesses. By using social engineering techniques, bogus job postings, and poisoned npm packages, these crypto hackers threaten the developer environment.
Their most effective assaults meld psychological manipulation of project teams with technical weaknesses. Blockchain analysis shows uniform laundering patterns through mixers like Tornado Cash, with the stolen funds directly funding North Korea’s nuclear program. Notwithstanding worldwide sanctions, Pyongyang keeps on training more IT professionals, hence expanding the pool of possible crypto industry assaults. Let’s take a look at Bitcoin price prediction to see how these developments impact the price of BTC.
Bitcoin Price Prediction for April 2, 2025
The Bitcoin (BTC/USDT) 15-minute chart shows a rejection from the $85,600 resistance zone; BTC is currently trading near $84,296. Previously serving as bounce points, the closest support levels are at $82,400 and $81,200. With a 36.36 RSI, the momentum is poor but not at oversold levels yet. Bearish, with a negative crossover and decreasing histogram bars, the MACD indicates sustained downward pressure.
Chart 1: Analysed by vallijat007, published on TradingView, April 2, 2025
A resurgence toward resistance is likely if BTC stays above $84,000. But a break below $82,400 could result in more severe losses if selling pressure keeps going under. Confirmation of any upward move would come from RSI regeneration and MACD bullish signs. To change sentiment bullish once more, a breakout above $85,600 is needed.
The New Crypto Cold War: Can DeFi Survive North Korea’s Crypto Hacker Army?
The growth in North Korea of tech workers poses an existential danger to crypto’s decentralized future. The sector must select more security measures or ongoing openness as assaults get more advanced. Prevention calls for a paradigm change in developer vetting and infrastructure security, even as blockchain’s transparency helps to track stolen assets. One thing is certain: in this new cold war, your private keys might be on the front lines. Will crypto projects rise to this challenge, or will the North Korea crypto hacker army keep draining DeFi protocols?
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