According to Chainalysis, the value of cryptocurrency stolen by North Korea-linked hackers has already exceeded $1 billion this year. The recent Bitget hack has also been attributed to them. The hackers are demonstrating highly sophisticated money laundering techniques, such as rapidly converting stolen XRP into Bitcoin.

It is concerning given the scale of the damage, but the security industry is also accelerating its response. Chainalysis stated that they are using AI-based automation tools to track the movement of hackers' funds much faster than before. As attack methods evolve, defensive technology is also becoming smarter, so we will have to keep an eye on how this endless 'sword and shield' battle unfolds.

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