Security· ★★★· bearish·

OneKey founder: IBIT may be a target for North Korean hackers

  • —IBIT holds about 815,000 BTC worth roughly $63 billion
  • —Coinbase remains IBIT's active custodian with no plans to move BTC
  • —TRM Labs links the Binance attack to the TraderTraitor group
  • —Yishi advises spreading assets across independent custodians and keeping keys offline
Why it matters: Concentrating the largest bitcoin ETF's holdings with one custodian creates systemic risk for IBIT holders and the broader market.
Source: PANews