Everything web3, crypto, defi, degen
As part of our ongoing commitment to enhance the overall security of the crypto ecosystem, we’re informing the crypto community that we have patched an isolated bug in our deposit and funding systems. No client assets were impacted or vulnerable leading up to this disclosure. Kraken has fixed the bug. The bug was initially discovered…
Upskilling focuses on expanding employees’ abilities and scope of knowledge within their current field. Our always-on mentality toward upskilling drives investment in the growth and advancement of our global team through initiatives like our Talent and Development program. Why invest in upskilling? Doom and gloom about technology eliminating human jobs has been around for hundreds…
Proof is paramount to cybersecurity. At Kraken, proof of security essentially means “don’t trust but verify.” This mindset guarantees that the work associated with growing and improving on our exchange can continue unhindered while protecting you 24/7. Kraken invests heavily in our cybersecurity program to safeguard your funds, NFTs, and privacy. Don’t just trust us.…
The end of the year is a great time to reflect on and celebrate key milestones and events from the past 12 months – both for crypto, and for our community. In 2021, Kraken charged ahead in pursuit of our mission: to accelerate the adoption of cryptocurrency so that you and the rest of the…
Fingerprint authentication is a convenient alternative to passwords and PIN codes. Who wants to spend time typing in a lengthy string of numbers, letters and characters when a simple tap will suffice? Unfortunately, that convenience comes at a cost. Because, unlike a regular password, you leave your fingerprint on taxi doors, iPhone screens, and glasses…
Bitcoin ATMs offer a convenient and friendly way for consumers to purchase cryptocurrencies. That ease of use can sometimes come at the expense of security. Kraken Security Labs has uncovered multiple hardware and software vulnerabilities in a commonly used cryptocurrency ATM: The General Bytes BATMtwo (GBBATM2). Multiple attack vectors were found through the default administrative…
On August 10, a hacker stole more than $600 million through Poly Network and a bizarre series of events unfolded in the aftermath. In this article, Kraken Security Labs dives into the technical details of how the attacker was able to steal such a large amount of funds and the subsequent fix Poly Network implemented…
Kraken, like any popular service, has clients that are targeted by scammers who try to send phishing emails from @kraken.com email addresses. You should never see this form of spoofed email because it should be rejected by mail providers like Gmail because their servers will notice that the scammer’s mail is not coming from Kraken.…
[embedded content] Last week someone on the Ledger subreddit reported receiving an unsolicited package with a Ledger Nano X along with a letter from “the CEO” of Ledger. The scam tries to trick people into migrating their crypto holdings onto the new, modified device. Kraken Security Labs decided to explore this supposed phishing scam. In…
May 6, 2021 | Kraken Intelligence, Security It goes without saying that there is A LOT going on in crypto. Whether it’s bitcoin hitting new all-time highs, DeFi exploding, or NFTs becoming all the rage, we know there is plenty on your mind. But have you recently thought about how you’re storing and safekeeping your…
