<ul><li>Binance and Kraken successfully blocked social-engineering attacks similar to the recent Coinbase breach.</li><li>Coinbase faced potential losses of up to US$400M due to exposure of sensitive customer data after a failed extortion attempt of US$20M.</li><li>The rise in scams and hacks in the crypto industry is attributed to the bullish market, prompting increased security measures and personnel spending.</li><li>Cyber threats on crypto platforms have intensified amid rising asset prices, with Binance employing AI-powered bots to detect and prevent bribery attempts from scammers.</li></ul>

Binance and Kraken Thwart Social-Engineering Attacks Mirroring Coinbase Breach

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