Place your ads here email us at info@blockchain.news
operational risk in crypto Flash News List | Blockchain.News
Flash News List

List of Flash News about operational risk in crypto

Time Details
2025-08-17
01:58
Binance Exchange Security and Hiring Risks: North Korean Hacker Infiltration Warnings and 6,000 Staff Scale Cited — Trading Risk Takeaways

According to @ai_9684xtpa, asset security is the most critical safeguard for a top crypto exchange, with Binance’s scale cited at roughly 6,000 employees based on a prior remark attributed to Richard Teng, highlighting the operational focus required to protect user funds; source: @ai_9684xtpa. U.S. Treasury, State Department, and FBI have formally warned that DPRK-linked actors, including IT workers and Lazarus Group, target crypto companies via remote hiring, fake resumes, and social engineering, elevating infiltration risk at exchanges; source: U.S. Treasury, State Department, and FBI joint advisory on DPRK IT workers and DPRK cyber threats, published May 2022 and updated 2023. For traders, these verified threat vectors mean exchange counterparty risk and security posture directly affect withdrawal reliability, liquidity conditions, and short-term volatility during incidents, so venue selection and fund allocation should account for security controls and hiring vetting practices; source: U.S. Treasury, State Department, and FBI joint advisory as above, and the operational risk emphasis noted by @ai_9684xtpa.

Source