Cyvers: Bitcoin ETFs may become targets of attacks by North Korean hacker group Lazarus Group

Odaily News Cybersecurity experts warn that the notorious North Korean hacker group "Lazarus Group" may target US Bitcoin ETFs as a new attack target. Michael Pearl, vice president of GTM strategy at Cyvers, said that hackers may turn their attention to US Bitcoin ETFs due to the potential huge returns. According to Dune data, US ETFs currently hold $52.1 billion worth of Bitcoin, which is an attractive target for hackers. Pearl warned that not only ETF providers may become targets of attacks, but all companies related to them will also be at risk, so ETF vulnerabilities are problems that need to be solved quickly, otherwise a "super hack" incident may occur. (Cointelegraph)