Kraken Crypto Exchange Faces Security Breach: $3 Million Misappropriated, Measures Taken

In a significant development for the crypto industry, Kraken has recently addressed a security breach following an extortion attempt linked to a bug bounty report. The Chief Security Officer, Nick Percoco, provided insights into the exploitation of a flaw that artificially inflated account balances, which initiated a multi-faceted investigation. Highlighting the importance of ethical practices

Source: CoinOtag