QooryBeta
Back to narratives
SecurityActive
Conversation intelligence

North Korea-linked hackers stole $643M in crypto in H1 2026, 66% of global losses

North Korean hackers stole $643 million in cryptocurrency during the first half of 2026, representing 66% of all global crypto hack losses, according to TRM Labs. Two DeFi exploits in April alone netted $577 million from Drift Protocol and KelpDAO.

Heat
85
Confidence
95%
Evidence
6
Updated

Why It Happened

State-sponsored hacking groups affiliated with North Korea used AI-assisted social engineering and sophisticated exploits against audited DeFi protocols, overwhelming security measures and laundering stolen funds through THORChain.

Outcome So Far

Funds partially frozen ($75M on Arbitrum); majority laundered to Bitcoin via THORChain. Protocols are investigating, but no broader recovery reported. TRM Labs report published July 3, 2026.

Actors

Timeline order

Post
Parent event 01

X conversation update

1 related posts from @blckchaindaily

Related posts@blckchaindaily
@blckchaindaily
Open on X1.3K views · 4 likes · 2 reposts

Post
Parent event 02

X conversation update

3 related posts from @BullishTimes_, @MarioNawfal, @realTuckFrumper

Related posts@BullishTimes_@MarioNawfal@realTuckFrumper
@BullishTimes_
Open on X402 views · 39 likes · 47 reposts
@MarioNawfal
Open on X44.6K views · 45 likes · 8 reposts
@realTuckFrumper
Open on X835 views · 5 likes · 3 reposts

Post
Parent event 03

TRM Labs H1 2026 report published

TRM Labs issues report revealing North Korean hackers stole $643M in H1 2026, 66% of all crypto hack losses. Two April DeFi heists accounted for $577M. Total number of hacks hit 207, but average loss per hack dropped.

Related posts@thisisksa
@thisisksa
Open on X2.9K views · 16 likes · 0 reposts

Post
Parent event 04

Drift Protocol hack

North Korean hackers exploited Drift Protocol, stealing $285 million after weeks of social engineering and staging trades. The actual drain took 12 minutes.

Related posts@Rifat_EE
@Rifat_EE
Open on X385 views · 11 likes · 5 reposts

Post
Parent event 05

KelpDAO hack

North Korean hackers exploited a LayerZero bridge flaw in KelpDAO, stealing $292 million. $75M frozen on Arbitrum, the rest laundered through THORChain to Bitcoin.

Related posts@Rifat_EE
@Rifat_EE
Open on X385 views · 11 likes · 5 reposts