Crypto Security Under Fire: Hackers Target Binance & Kraken, But Fight Back!

A recent attempt to exploit crypto exchanges, mirroring a strategy successful against Coinbase, has seen attackers targeting Binance and Kraken. These breaches were thwarted thanks to the companies’ proactive measures, including staff bribery attempts and coordinated Telegram activity. However, both firms actively intervened by deploying their security systems, ultimately stopping any data leakage and damage. This incident demonstrates the increasing sophistication of cyberattacks while also highlighting the resilience and advancements in crypto security solutions.