According to a study by blockchain analyst Elliptic, Japan has suffered the most losses of cryptocurrency due to cyberattacks originating from North Korea. The study found that three out of the four top targets for North Korean hackers were Asian countries. The attacks were described as a "national strategy" and included both hacking and ransomware attacks. Elliptic attributed the targeting of Japanese and Vietnamese cryptocurrency markets to lax security measures. North Korea's Lazarus Group has been responsible for some of the largest crypto heists, including the Ronin Bridge exploit and the Harmony Bridge hack.
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