LinkedIn co-founder Reid Hoffman has expressed concerns about Silicon Valley's cautious stance towards cryptocurrencies, citing their use in ransomware attacks as a primary reason. Hoffman described cryptocurrencies as the "preferred tool" for hijacking critical infrastructure, such as hospitals. In response, blockchain investigator ZachXBT pointed out that the crypto community also fears LinkedIn, as it is a favored platform for North Korean hackers to spread malware, exploiting weak detection mechanisms that have resulted in millions of dollars in theft.
Reid Hoffman Highlights Silicon Valley's Crypto Concerns Over Ransomware
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
