Crypto exchange Kraken accuses blockchain security outfit CertiK of extortion

June 20, 2024 at 01:38PM Kraken, a major cryptocurrency exchange, accuses security researchers of exploiting a critical bug to steal millions in digital cash and attempt to extort more from the exchange. The bug allowed users to manipulate their account balance without completing deposits. Kraken labeled the researchers’ actions as extortion and is coordinating with … Read more

Kraken Crypto Exchange Hit by $3 Million Theft Exploiting Zero-Day Flaw

June 19, 2024 at 01:03PM Kraken, a crypto exchange, experienced a serious security breach when a researcher exploited a flaw to steal $3 million in digital assets. Although the issue was swiftly addressed, the attacker demanded payment in exchange for returning the funds. Kraken is treating the incident as a criminal case and is coordinating … Read more

“Researchers” exploit Kraken exchange bug, steal $3 million in crypto

June 19, 2024 at 10:54AM Kraken crypto exchange experienced a breach when alleged security researchers exploited a zero-day bug, stealing $3 million in cryptocurrency. The bug allowed unauthorized deposits and fund withdrawals. After fixing the bug, three individuals, one claiming to be a researcher, refused to return the stolen funds, demanding a business call instead. … Read more