N. Korea could have stolen $700 mln of S.Korean crypto in 2022

North Korean hackers could have stolen a total of $700 million worth of cryptocurrency last year, Report informs via Yonhap.

"We've confirmed that North Korea took $700 million in virtual assets in two separate incidents last year," said a senior official from the National Intelligence Service (NIS), adding that Pyongyang has failed to monetize them yet.

It has been noted that this amount is equivalent to the money that would enable the country to fire 30 intercontinental ballistic missiles.

The official claims that there has been the rise in North Korea's attempts to hack into the space and defense industries in South Korea and abroad since the country announced its plans to concentrate on launching a space satellite and increasing its nuclear capability.