Kraken Tightens Security After $3M Exploit and Extortion Attempt

Kraken faces a $3M security breach and subsequent extortion attempt, leading the exchange to reinforce its bug bounty program and enhance security measures. The vulnerability allowed unauthorized account balance inflation, which was quickly patched by Kraken’s security team within a couple of hours. This flaw stemmed from a recent update that enabled immediate trading prior

Source: CoinOtag