Reports Indicate Social Engineering Attacks on Binance and Kraken

As a result of sophisticated social engineering attacks mimicking a recent attempt to breach Coinbase Global Inc., Binance and Kraken exchanges have both been able to thwart such attacks. In the report by Bloomberg, sources familiar with the matter claim that Binance and Kraken (NASDAQ: COIN) have successfully neutralised the threats before any customer information was compromised. 

Despite the fact that information remains confidential and neither exchange has publicly commented, insiders indicate that neither platform has been compromised.
This attempt to breach a digital asset firm is part of a broader, ongoing trend where cybercriminals are increasingly targeting digital asset companies, particularly when the cryptocurrency market is experiencing a surge. 

The latest wave of attacks, which have cost the crypto industry billions, impacted platforms such as Bitfinex, Bybit, and now-defunct FTX, was reported to be a result of Binance and Kraken having robust internal controls and security protocols in place to prevent them from taking place.
Based on the findings of the sources, it appears that the attackers employed elaborate manipulation tactics aimed at customer service personnel, which had striking similarities to the attack Coinbase faced earlier. 

The scammers were alleged to have attempted to bribe Binance support agents, even going so far as to share their Tele

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