The leaders of the Group of Seven (G7) should raise the issue of increasing cyber attacks in North Korea and cryptocurrency flights at their next summit in Canada next month, according to sources familiar with the agenda.
While world conflicts in Ukraine and Gaza should dominate discussions, Bloomberg reported on May 7 that the increasingly sophisticated cyber operations of North Korea had become an urgent concern for the G7 nations.
Stolen digital assets would be a crucial source of financing for the country’s arms programs, which has aroused calls for coordinated international action.
The Lazare group leads the push of North Korea in the high -level crypto hacks
North Korean hacking groups, in particular the famous Lazarus group, have been linked to numerous high-level attacks.
The group would have been the source of a balance sheet of $ 1.4 billion targeting the Bybt of the Crypto exchange in February – the largest flight of cryptography known to date.
In total, the actors affiliated to North Korea have stolen more than $ 1.3 billion out of $ 47 incidents in 2024 only, according to the chainalysis blockchain analysis company.
In addition to external violations, North Korea has used more subtle strategies such as the infiltration of cryptographic companies through cornerstone workers pretending to be independent developers.
In January, the United States, Japan and South Korea issued a joint warning concerning this threat of initiate.
These tactics, according to experts, are part of a broader effort to circumvent international sanctions and enter it into the illegal product of the country’s missile development programs.
The cyber campaign continues to evolve. In April, agents linked to Lazarus would have created three screens, including two in the United States – to distribute malicious software targeting the developers of Crypto.
Meanwhile, Crypto Exchange Kraken recently revealed that he had discovered and blocked an attempted infiltration by an alleged North Korean agent posing as a job candidate.
The candidate failed a series of identity verification traps set by the company’s security team.
Adding to all growing evidence, cybersecurity researcher Heiner Garcia organized a dummy job interview with another alleged North Korean operator.
The individual inadvertently revealed clues which linked him to swords of past cryptography linked to the regime.
Crypto Hacks increased in 2025 while losses exceeds $ 1.74 billion in four months
The pirates stole more than $ 92.4 million in crypto projects in April 2025 only, according to the security company Blockchain Immunefi.
The figure represents an increase of 27.3% in annual sliding and more than double the losses reported in March.
The April attacks took place on 15 incidents, two major exploits representing most of the damage.
The UPCX, an open source platform, lost $ 70 million in a single attack, while the decentralized Kiloex scholarship was affected for $ 7.5 million.
The other affected projects included loopscale, Zksync, Term Labs and Bitcoin Mission, each undergoing losses greater than $ 1 million.
Cumulatively, the first four months of 2025 have already experienced $ 1.74 billion in cryptographic losses – more than 2024, which totaled $ 1.49 billion.
Immunefi previously noted that the first quarter of 2025 was the worst quarter for hacks in the history of the crypto, largely driven by massive violations of centralized exchanges Phemex and Bybit.
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