89% of Reported Crypto Hack Losses Linked to North Korea

Chainalysis reports nearly 89% of crypto hack losses linked to North Korea. This trend raises concerns for security across the industry. Average loss per hack jumped from $50.65M in 2021 to $185.65M in 2026. A recent analysis by Chainalysis indicates that nearly 89% of reported crypto hack losses this year are linked to North Korea. This represents a sharp increase from just 15% in 2021. In total, suspected DPRK-linked hacks have accounted for approximately $13.24 billion of the $22.34 billion in reported losses from 2021 through October 29, 2026, underscoring a growing trend that has serious implications for the crypto…