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North Korean hackersfinancialpost
•Business
Business & Economics
70% Informative
Hackers managed to drain a so-called “cold” crypto storage wallet, a piece of hardware used to hold the private key needed to access funds.
The impact on the industry and the nascent regulations governing it are far-reaching.
Staving off North Korean thefts will likely require much higher spending by crypto exchanges, more stringent regulations and increased coordination between governments.
Hack puts the spotlight on a potentially existential issue for an industry that scored a huge win when Donald Trump returned to the White House in January .
North Korean hackers have begun stepping up attacks on centralized exchanges.
Centralized exchanges sit at the heart of the crypto ecosystem and often handle hundreds of billions of dollars of trading volume a day.
The FBI circulated a list of blockchain addresses linked to the hackers.
VR Score
75
Informative language
75
Neutral language
41
Article tone
semi-formal
Language
English
Language complexity
59
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
9
Source diversity
6
