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OneKey CEO warns BlackRock's $63B Bitcoin ETF could be next target for North Korean hackers.

Market News
30 Oct 2026, 17:30 WIB
Bitcoin
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Bearish
OneKey CEO warns BlackRock's $63B Bitcoin ETF could be next target for North Korean hackers.

Following the $6.3 billion hack of Binance, OneKey CEO Yishi Wang warns that BlackRock's iShares Bitcoin Trust (IBIT), the world's largest Bitcoin ETF holding nearly $63 billion in BTC, may be the next target for North Korean hackers. IBIT relies solely on Coinbase as its custodian, creating a single point of failure. Unlike stablecoins, stolen Bitcoin cannot be frozen, and Coinbase's insurance coverage is limited and shared among customers, leaving ETF holders vulnerable to significant losses. Wang emphasizes that as these funds grow larger, they become more attractive to attackers, urging vigilance and caution in digital asset security.

Binance Coin (BNB) shows a market cap of Rp1.653,9 trillion and a 24-hour trading volume of Rp72,73 trillion on Pluang as of Oct 30, 2026, 21:43 WIB. The coin's price is currently Rp12.644.186, down 6.64% in the last day, with 63% of Pluang orders selling and 37% buying, reflecting cautious sentiment among traders. This trading activity occurs in the context of heightened security concerns in the crypto space, highlighted by warnings about potential attacks on large Bitcoin holdings like BlackRock's ETF.

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