BitcoinSistemi 2025-08-13 21:05:07

Binance Security Officer Explains the Biggest Threat Facing Cryptocurrencies

Binance's Director of Security, Jimmy Su, stated that North Korean hackers are the biggest threat facing the cryptocurrency industry and that they target the company with fake job applications every day. According to Su, attackers disguise themselves during job interviews using voice-altering and deepfake technologies. They also conduct attacks using methods such as poisoning open-source code (e.g., NPM) and posing as fake recruiters offering high-paying jobs. “The biggest attack vector against the crypto industry right now is state-backed hackers, particularly North Korea and the Lazarus Group. They've focused on crypto for the last two or three years and have been quite successful,” Su said in a statement. The Binance executive noted that in almost all major North Korean-origin cyberattacks, a rogue employee has been involved in the attack. Related News: BREAKING: Coinbase Lists Expected Altcoin - It Had Given the Signal The North Korea-based Lazarus Group is known as one of the world's most active and dangerous hacking groups. According to the FBI, the group is responsible for the March attack on the Bybit exchange, which caused $1.4 billion in losses and is considered the largest crypto hack in history. Su said Binance receives a large number of fake resumes every day, believed to be prepared by North Korean attackers, and these are often identified by specific templates. However, if the fake applications make it past the initial stage, verifying the candidates' authenticity through video interviews becomes difficult. *This is not investment advice. Continue Reading: Binance Security Officer Explains the Biggest Threat Facing Cryptocurrencies

Most Read News

Bitcoin makes new all-time high of $123,637
2025-08-13
Trump Eases Pressure on Crypto and Tech Giant...
2025-08-13
UK’s Vaultz Capital Expands Bitcoin Treasury...
2025-08-13
Ethereum Average Daily Outflow Hits 40,000 ET...
2025-08-13
Ethereum Rally Accelerates as ETF Inflows Sur...
2025-08-13
XRP vs Ethereum vs Solana — Which Altcoin Wil...
2025-08-13
Bitcoin Rises to Record as Investors Snap Up...
2025-08-13
Bitcoin’s Phenomenal Surge: Reaching a Histor...
2025-08-13

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.