North Korean Hackers Steal Over $6 Billion in Cryptocurrency Since 2017
- Escalating Theft Scale: According to TRM Labs, North Korean hackers have stolen over $6 billion in cryptocurrency since 2017, with approximately $577 million stolen year-to-date in 2026, accounting for 76% of all crypto hack losses this year, highlighting the severe threat posed by state-sponsored cybercrime to the digital asset industry.
- Major Attack Incidents: In April 2026, North Korean hackers executed two significant attacks, breaching Drift Protocol for $285 million and KelpDAO for $292 million, which together accounted for nearly all of North Korea's attributed theft this year, reflecting an increasingly sophisticated attack pattern in the decentralized finance sector.
- Complex Laundering Techniques: North Korean hackers have developed a multi-layered laundering process that complicates recovery efforts, involving rapid conversion of stolen tokens into harder-to-trace assets and utilizing cross-chain swaps and mixing services to obscure transaction trails, making it increasingly difficult to recover funds once they leave the initial target.
- Increased Regulatory Pressure: The U.S. Treasury has sanctioned bankers and entities involved in laundering proceeds from North Korean cybercrime, explicitly linking crypto theft proceeds to Pyongyang's weapons programs, which not only heightens compliance risks for exchanges but also prompts regulatory bodies worldwide to tighten requirements for virtual asset providers.
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Technical Analysis for DRIFT
Technical Sentiment Analysis for Drift (DRIFT). As of , Drift (DRIFT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 1 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DRIFT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, DRIFT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Drift (DRIFT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0135 | 0.0219 | 0.0293 | 0.0377 | 0.0451 | 0.0535 | 0.0609 |
| Fibonacci | 0.0219 | 0.028 | 0.0317 | 0.0377 | 0.0438 | 0.0475 | 0.0535 |
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