CZ Issues Warning Against North Korean Hackers Infiltrating Crypto Companies

Changpeng Zhao “CZ,” the founder of Binance, has issued urgent warnings about sophisticated North Korean hackers that use bribery of staff, phoney interview procedures, and complex job application methods to infiltrate cryptocurrency organisations. The former CEO listed four main attack methods, such as pretending to be applicants for security and development jobs, conducting phoney interviews via links infected with malware, and paying outsourced contractors to gain access to data. The alert comes after a wealth of evidence of North Korean cyberattacks against the cryptocurrency sector, in which hackers stole more than $1.3 billion in 47 instances in 2024 and more than $2.2 billion in the first half of 2025 alone. According to recent investigations, agents used fictitious identities to create reputable U.S. organisations, such as Blocknovas LLC and Softglide LLC, as corporate fronts for attacks on cryptocurrency innovators.