2022 Was a Good Year for Crypto Hackers
Bloomberg Crypto23 Feb 2023

2022 Was a Good Year for Crypto Hackers

Want to hear a big number? How about $3.8 billion. That’s the amount of crypto that hackers managed to steal last year. That’s a new record. The company behind that report, Chainalysis, also found that one specific hacking group was responsible for a huge chunk of that stolen crypto. If you guessed that hacking group was Lazarus, connected to North Korea, you’d be correct.

Lazarus allegedly stole $1.7bn in 2022, compared with only $400 million worth of crypto the year before. It further solidifies the notion that North Koreans are likely using the cryptocurrency sector as a way to raise funds in the face of international sanctions. But what does all of this mean for the crypto market? And what can we do to prevent more hacks from happening?

Bloomberg reporter Jeff Stone joins this episode.

Listen to Bloomberg Crypto on the iHeartRadio App, Apple Podcasts or Spotify.

Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter

See omnystudio.com/listener for privacy information.

Episoder(223)

From the Editors’ Desk

From the Editors’ Desk

Every day, around the world, the reporters and editors who work on crypto at Bloomberg wake up (often at the crack of dawn) and start figuring out how we’ll tackle the biggest and most important news ...

15 Jul 202219min

Who Owns All the Bitcoin?

Who Owns All the Bitcoin?

Since the founding document that led to the invention of Bitcoin first appeared in 2008, Bitcoin’s true believers have adopted a philosophy that resembles “one for all and all for one." Bitcoin is oft...

14 Jul 202220min

The Hunt For Zombie Coins

The Hunt For Zombie Coins

If you want an example of the intense optimism of certain crypto investors, here’s one: Some investors are still buying the token known as Luna Classic, which has flatlined towards zero in the afterma...

13 Jul 202217min

Is There Value In Crypto’s Volatility?

Is There Value In Crypto’s Volatility?

Depending on who you ask, crypto’s volatility is either a bug or a feature. Wild, unexpected or aggressive price swings make this an asset class that is ill suited to anyone who’s less experienced at ...

12 Jul 202215min

Jumping Into Crypto

Jumping Into Crypto

Jump Crypto burst onto the scene less than a year ago, with the appointment of a former intern named Kanav Kariya as its founding president. Within just a few months, Jump Crypto has found itself spen...

11 Jul 202217min

Regulation Through Taxation in India

Regulation Through Taxation in India

It feels like every country in the world is figuring out how they want to regulate crypto - or if they’ll even allow it to exist at all.  India is seen as one of the fastest-growing markets for crypto...

8 Jul 202218min

Are Your Baseball Cards on the Blockchain?

Are Your Baseball Cards on the Blockchain?

Sorare is one of several companies attempting to take the idea of collectibles like baseball cards and bring them into the digital context. In May, Sorare announced a partnership with Major League Bas...

7 Jul 202219min

Gender Fluidity In The Metaverse

Gender Fluidity In The Metaverse

Experimenting with who you are online, especially if those identities are really different from who you present to the analogue world, is not a new concept. Neal Stephenson famously coined the phrase ...

6 Jul 202219min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
forklart
i-retten
stopp-verden
lydartikler-fra-aftenposten
nokon-ma-ga
popradet
det-store-bildet
rss-gukild-johaug
dine-penger-pengeradet
fotballpodden-2
aftenbla-bla
rss-ness
e24-podden
hanna-de-heldige
rss-dannet-uten-piano
frokostshowet-pa-p5
bt-dokumentar-2