North Korean Hackers Steal $500M Worth of Crypto in Two Weeks

Investor Brand Network
Today at 2:05pm UTC

Cryptocurrency markets are coming under fresh strain after hackers believed to be linked to North Korea executed two major breaches, draining more than $500 million in just over two weeks. The incidents targeting Kelp DAO and Drift point to a more organized pattern aimed at structural flaws within decentralized finance rather than isolated software bugs.

Crypto exchanges like Coinbase Global Inc. (NASDAQ: COIN) may now need to review their cybersecurity features more frequently in order to proactively address any emerging vulnerabilities so that they don’t…

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