Crypto Companies Warned About North Korean Hackers

[tradelikepro]

Security experts are urging cryptocurrency firms to strengthen defenses against North Korean hackers posing as Web3 developers.

Hiring these individuals could expose companies to major exploits like the Coinbase breach, which potentially cost the exchange up to $400 million.

Experts recommend:

Thorough background checks

Role-based access

Enhanced wallet management standards

“Keep verifying, keep monitoring, and don’t rely on trust alone,” said Yehor Rudytsia from Hacken.

[Rimon Khan]

Hiring checks are just as important as tech defenses—one bad actor can cost hundreds of millions.

[EmTeam]

Role-based access and stronger wallet standards should be non-negotiable for crypto firms now.