Are centralized exchanges a target for crypto hacks?
In the realm of cryptocurrency and finance, one question that often arises is whether centralized exchanges are prime targets for crypto hacks. These centralized exchanges, which serve as hubs for the trading and storage of digital assets, hold vast sums of cryptocurrency on behalf of their users. Given the allure of such significant sums and the potential for financial gain, do hackers view these exchanges as lucrative targets? Are the security measures implemented by these exchanges adequate to deter or mitigate such attacks? Understanding the risks associated with centralized exchanges and the steps taken to protect user funds is crucial for investors navigating the crypto landscape.
Are North Korean hackers linked to other crypto hacks?
Could you please elaborate on the potential connection between North Korean hackers and other cryptocurrency hacks? Is there evidence suggesting that these hackers might be involved in a series of similar attacks? If so, what are the key indicators that link them to these incidents? Also, what kind of techniques and methodologies are typically used by North Korean hackers when targeting cryptocurrency? And finally, how does the international community respond to such hacks, especially when they are suspected to be perpetrated by state-sponsored actors?