Major cryptocurrency exchanges Binance and Kraken successfully repelled the same type of hacker attack using social engineering that was recently identified at Coinbase Global Inc. This information was provided by Bloomberg citing sources who wished to remain anonymous.
Both digital platforms successfully thwarted the attacks, ensuring the safety of customer data, according to the sources. Representatives from Binance and Kraken declined to comment on the cybersecurity issue.
Numerous exchanges, including Bybit, Bitfinex, and FTX, have lost billions over the years due to hackers.
Binance and Kraken faced attacks similar to the one encountered by Coinbase. However, their internal policies and technologies successfully prevented these attacks, the sources added. Reports suggest that Binance encountered fraudsters attempting to bribe customer support agents, and a contact in Telegram was provided to communicate with the violator, according to one of the sources.
