Chainalysis said suspected North Korea-linked hacking incidents accounted for nearly 89% of reported crypto hack losses in 2026 as of Oct. 29, a sharp increase from 15% in 2021. The firm also said the average loss per suspected North Korea-linked attack rose from $50.65 million in 2021 to $186 million in 2026, or about 3.7 times higher. Over the period from 2021 to Oct. 29, 2026, reported crypto hack losses totaled $22.34 billion, with $13.24 billion tied to attacks suspected of having links to North Korea. That represents about 59% of the total, according to Chainalysis monitoring. The figures point to a much larger share of overall losses being concentrated in attacks attributed by the firm to suspected North Korea-linked actors.
According to Chainalysis monitoring, losses from hacking attacks suspected to be linked to North Korea accounted for nearly 89% of reported crypto hack losses in 2026 as of Oct. 29. In 2021, that share was 15%.
On a per-attack basis, the average loss from suspected North Korea-linked incidents rose from $50.65 million in 2021 to $186 million in 2026, about 3.7 times the 2021 level.
Chainalysis also said that from 2021 to Oct. 29, 2026, cumulative reported losses from crypto hacking attacks reached $22.34 billion. Of that total, $13.24 billion came from attacks suspected to be linked to North Korea, or about 59%.
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