Huo Xing Finance reports, according to Chainalysis data, as of October 29, 2026, losses from suspected North Korea-linked cyberattacks accounted for nearly 89% of all reported cryptocurrency hacking losses this year, compared to 15% in 2021.
From the perspective of losses per attack, the average loss attributed to suspected North Korean-related attacks has increased from $50.65 million in 2021 to $185.65 million in 2026, approximately 3.7 times the 2021 level.
From 2021 to October 29, 2026, reported losses from cryptocurrency hacks totaled $22.34 billion, with $13.24 billion attributed to suspected North Korea-related attacks, accounting for approximately 59% of the total.
Chainalysis: North Korea-linked hacks accounted for 89% of crypto hack losses in 2026
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Summary
Chainalysis data shows that North Korea-linked hacks accounted for 89% of crypto market losses in 2026 through October 29, up from 15% in 2021. The average loss per attack increased to $185.65 million, compared to $50.65 million in 2021. Total reported losses from 2021 to October 2026 reached $22.34 billion, with North Korea-linked attacks responsible for $13.24 billion, or 59%.
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