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Tag: Immunefi

Crypto Losses: $1.8 Billion Lost to Cyber Heists in 2023, North Korea’s Lazarus Group Leads the Charge

It is a concerning trend in the web3 space: an estimated $1.8 billion was lost to hackers and fraudsters in 2023, with a significant portion of these losses linked to the notorious North Korea-affiliated hacker group Lazarus. The global web3 space was valued at over $934 billion in 2022. That capital represents an unparalleled and attractive opportunity for blackhat hackers.