North Korea linked to 89% of 2026 crypto hack losses, Chainalysis says

North Korea-linked hackers have accounted for nearly 89% of reported cryptocurrency hack losses in 2026, according to Chainalysis, as Pyongyang has dismissed international sanctions targeting its revenue and weapons programs. Suspected North Korea-linked attacks account for nearly 89% of reported crypto hack losses this year. Average losses per suspected DPRK-linked hack reached $185.65 million, compared with $50.65 million in 2021. Investigators linked Binance’s stolen funds to assets taken in September’s North Korea-attributed Bitget attack. Pyongyang rejected a multinational sanctions statement addressing overseas workers, cyber activities and military cooperation. Chainalysis published the figures on Oct.