Is Coinbase the Next Target for North Korean Hackers?

The post Is Coinbase the Next Target for North Korean Hackers? appeared first on Coinpedia Fintech News

Coinbase seems to be the target of North Korean hackers. The Federal Bureau of Investigation (FBI) in its recent Public Service Announcement has warned the crypto ecosystem of DPRK. The report discloses that North Korea is targeting crypto firms. They are famous for performing deep pre-operational research before launching an attack. They used to target DeFi projects, Dexs and Cexs. But have also done months long intensive research of firms linked to crypto ETFs.

Bill Hughes shared his concerns about the safety of ETF issuers. He said in his X post that it is very different that DPRK is now going for ETF issuers. Before crypto, these hackers spent years infiltrating banks around the globe. They follow money and now ETF issuers have that.

Crypto ETF issuers better have their security as tight as possible. DPRK is at the door.

“Going after ETF issuers is certainly different than their recent DeFi/CeFi/CEX targets, but I’m not sure it’s necessarily an escalation,” @tayvano_ said, using terms for centralised…