Hacking News
OneKey Founder Warns BlackRock's Bitcoin ETF Could Be Targeted by North Korean Hackers
OneKey's founder, Yishi Wang, warned that BlackRock's Bitcoin ETF, the iShares Bitcoin Trust (IBIT), could be a target of North Korean hackers. Following the Binance hack, Wang expressed concern that IBIT might already be on North Korea's shortlist. Coinbase, which serves as the primary Bitcoin custodian for IBIT, has adjusted its cold storage systems as a precautionary measure. Wang's concern is based on previous techniques used by North Korean attackers, such as compromising a Safe{Wallet} developer's computer through malicious software and manipulating transaction interfaces to deceive authorized signers into approving malicious transfers.