Binance, Kraken Are Said to Have Been Targets of Hacks

Binance, Kraken are said to have been targets of hacks

Binance and Kraken are among major crypto exchanges that have been targeted by the same type of social-engineering hack that was recently disclosed by Coinbase Global, according to people familiar with the situation.

After Coinbase Breach, Hackers Turn Their Sights on Binance and Kraken—Are Your Funds Safe?

As hackers escalate social-engineering attacks, top crypto platforms scramble to reinforce internal defenses. Key Highlights: Binance and Kraken were both targeted by the same social-engineering attack that breached Coinbase, but successfully repelled it without data loss. Hackers attempted to bribe customer service agents, echoing tactics used in the $20M Coinbase breach—just as DOJ indicts 12 in $263M global cybercrime ring. Yello ParadiseSqu…

It was reported that a similar social engineering attack targeting customer service representatives, which Coinbase announced on Thursday, was also carried out on Binance and Kraken exchanges. The report shared by Bloomberg said that cryptocurrency exchanges Binance and… Binance and Kraken also Coinba...

Binance, Kraken Block Cyber Hack Attempts Successfully

Binance and Kraken prevented social engineering attacks. No customer data or funds were compromised. Exchanges reinforce trust through rapid response systems. In a world where cyberattacks are becoming increasingly sophisticated, Binance and Kraken have successfully fended off social engineering hack attempts, showcasing their cybersecurity resilience. Such incidents, as covered by Bloomberg, were phishing in nature, similar to the recent hackin…

According to Bloomberg, Binance and Kraken were also targets of attacks such as the one that hit Coinbase, only that these platforms had AI systems that allowed blocking such attempts. *** Coinbase suffered data leaking after bribes to external employees Binance and Kraken blocked similar attacks with the help of AI systems The gap could cost Coinbase up to $400,000,000 Because of the events that occurred in Coinbase, which led to a hack with po…