Binance, Kraken Successfully Prevent Phishing Attacks Like Coinbase Hack

Crypto exchanges Binance and Kraken successfully thwarted phishing attacks similar to those that targeted Coinbase, according to Bloomberg. Despite attempted breaches, both exchanges reported no customer data loss due to strong internal safeguards. Attacks aimed to extract sensitive information via Telegram but were blocked by AI systems. Coinbase, revealing its own security breach, noted it resulted in up to $400 million in costs. A bounty was offered for information on the responsible parties. Customer passwords and funds at Coinbase remained secure.