Cryptocurrency exchanges Binance and Kraken were hacked in the same way as Coinbase

Major crypto exchanges Binance and Kraken have managed to repel hacking attempts based on social engineering methods, unlike Coinbase, which suffered from a similar attack, Bloomberg reports, citing sources within the industry.

Recall that on May 15, 2025, the American platform Coinbase reported a leak of personal data caused by bribery of foreign support employees. According to the exchange, the incident affected no more than 1% of users, which is hundreds of thousands of accounts. However, according to the company, passwords, private keys and user funds remained safe.

Both exchanges also faced attempts at corruption among their employees, according to Bloomberg, but thanks to enhanced security measures, including artificial intelligence-based systems, they managed to prevent data transfer. In December 2024, internal investigations recorded suspicious contacts with agents associated with hackers, which allowed them to quickly block access to systems and conduct a search of suspicious employees.

Moreover, one of the competitors (according to sources, probably Binance) warned Coinbase about the upcoming incident, sending signals to the platform about possible threats. However, the warnings were not implemented in time.