North Korea’s crypto heist playbook is expanding and DeFi keeps getting hit
Crypto

North Korea’s crypto heist playbook is expanding and DeFi keeps getting hit

CoinDesk·4h ago·Fear

What Happened

North Korea-linked hackers allegedly conducted major exploits against crypto platforms Drift and Kelp within three weeks, stealing over $500 million. The attacks evolved beyond credential theft to manipulating data inputs in decentralized systems, exploiting design assumptions rather than breaking encryption. Security experts describe this as an organized cadence of coordinated attacks.

Key Entities

North KoreaDrift ProtocolKelp ProtocolLayerZeroDeFiENS LabsAlexander Urbelis

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