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OneKey Founder Warns BlackRock Bitcoin ETF Could Be Target for North Korean Hackers

(3 hours ago) · 1 source · Summarized by CryptoBipto

The founder of hardware wallet maker OneKey has publicly warned that BlackRock's Bitcoin ETF could become a target for North Korean state-sponsored hackers. The warning highlights concerns about the concentration of large amounts of Bitcoin in institutional custody arrangements tied to ETF products.

WHY IT MATTERS

When you buy shares of a Bitcoin ETF, you do not hold Bitcoin yourself.

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SOURCES

  • cryptoslate.com

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BTCBitcoin ETFsCybersecurityInstitutional CustodyNorth KoreaBlackRock