Binance and Kraken thwart social engineering attacks as Coinbase faces $400M breach fallout

19-5-2025 – Leading exchanges Binance and Kraken have successfully fended off sophisticated social engineering attacks, even as their competitor Coinbase grapples with the aftermath of a significant security breach. The attempted infiltrations employed remarkably similar tactics to those that recently compromised Coinbase, where malicious actors targeted support staff with lucrative bribes. These orchestrated attempts involved [. source: https://www.cointrackdaily.com/binance-and-kraken-thwart-social-engineering-attacks-as-coinbase-faces-400m-breach-fallout/