According to BlockBeats, G7 leaders are expected to discuss the escalating threats posed by North Korean-supported cyber attacks and cryptocurrency theft at the upcoming summit in Canada. Sources indicate that North Korea's use of cybercrime to fund its regime has raised significant alarms. White House officials have previously disclosed that North Korea is financing its military weapons program through cryptocurrency theft.
Data from blockchain analysis firm Chainalysis reveals that in 2024, North Korean hackers stole $1.34 billion through 47 attacks, accounting for 61% of the global cryptocurrency theft that year. The company highlights the increasing sophistication of hacking techniques, making it progressively difficult to trace stolen funds.