June 14, 2025

Kraken Faces $3 Million Theft After Critical Bug Exposure

1 min read

Kraken’s recent bug led to a significant $3 million theft, elevating concerns over their security measures. The cybersecurity firm CertiK scrutinized Kraken’s repayment demands, adding to the exchange’s growing controversies. Notably, Kraken’s Chief Security Officer, Nicholas Percoco, expressed frustration over the situation on social media. Kraken faces backlash after security vulnerability results in significant fund

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Source: CoinOtag

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