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2022 biggest year ever for crypto hacking, report says
House Republicans aim to regulate shaky crypto industry with new House subcommittee
Rep. French Hill, R-Ark., weighs in on Biden’s challenge to McCarthy to show his budget and discusses his role as chairman of the new House subcommittee overseeing cryptocurrency and fintech.
Last year was the biggest year ever for cryptocurrency hacking, according to a new report.
Chainalysis, a software company, said Wednesday that $3.8 billion was stolen from cryptocurrency businesses in 2022.
October became the biggest single month for cryptocurrency hacking, as $775.7 million was stolen in 32 separate attacks. North Korea-linked hackers, such as those in the cybercriminal syndicate Lazarus Group, drove much of the activity and shattered its own annual record for the most cryptocurrency stolen.
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