OneKey Founder: IBIT Could Become Target of North Korean Cyberattacks, Coinbase's Single-Custody Model Raises Security Concerns
OneKey founder Yishi issued a warning that as Bitcoin ETF holdings increase, the security risks faced by custodians are also rising, and noted that BlackRock's spot Bitcoin ETF (IBIT) could become a potential target for North Korean hacking groups. The post states that TRM Labs is highly confident the recent Binance security breach is linked to the North Korean hacking group TraderTraitor, which has previously been implicated in the Bybit hack and the DMM Bitcoin theft.
