SBI Crypto, a Japanese cryptocurrency firm, has reported a significant loss of $21 million due to a suspected cyberattack linked to North Korea. This incident, which occurred on September 24, 2025, highlights the ongoing vulnerabilities in the crypto space and raises concerns about the security of digital assets. The movement of funds from company-linked wallets has been traced, emphasizing the need for enhanced security measures in the industry.

SBI Crypto has fallen victim to a significant hack, losing $21 million in a multi-coin theft that investigators believe is linked to North Korean actors. This incident highlights the ongoing vulnerabilities in the cryptocurrency sector and raises concerns about state-sponsored cybercrime. As the investigation unfolds, it underscores the need for enhanced security measures in digital finance, especially as hackers become increasingly sophisticated.

SBI Crypto, part of Japan's SBI Group, has reportedly been hit by a significant $21 million hack, raising concerns about potential links to North Korean hackers. This incident highlights the ongoing vulnerabilities in the cryptocurrency sector and the increasing sophistication of cyber threats, particularly from state-sponsored actors. As the digital currency landscape continues to evolve, such breaches not only impact the companies involved but also shake investor confidence and raise questions about the security measures in place.