Exchanges Step Up Defense as Hackers Target Crypto Platforms
As digital assets surge back into the spotlight, cybercriminals are ramping up their efforts—this time targeting major crypto exchanges.
Recent reports indicate that Binance and Kraken successfully blocked unauthorized attempts to access user data, amid a broader wave of coordinated digital attacks.
The incidents occurred shortly after Coinbase revealed its own internal breach involving a group of insiders and hackers. In response, Coinbase launched a $20 million bounty for leads on the perpetrators behind the attack that exposed data belonging to a small portion of its user base.
Though Binance and Kraken have not issued public statements, the nature of the attacks reportedly mirrored the social engineering tactics…
