Hacker steals $3 million from Kraken Exchange - announces legal consequences and more. Find out more and answer the survey and let's see the opinions. 👇👇👇

A hacker exploited a bug in the Kraken cryptocurrency exchange to steal $3 million. Kraken discovered the flaw and immediately took steps to close it. The exchange also announced that it will take legal action against the hacker.

According to Kraken, the hacker found a bug in the software that handles withdrawals. The hacker then exploited this bug to withdraw $3 million in cryptocurrency from Kraken customer accounts.

Kraken said customer funds are safe and that it has already refunded customers affected by the theft. The exchange also said it has improved its security to prevent future attacks.

However, Kraken also said that the hacker violated the rules of the exchange's bug bounty program by not reporting the bug sooner. Kraken offers rewards to security researchers who report bugs in its systems.

However, the program's rules state that researchers must first report bugs to the exchange before they can exploit them.

Kraken said it is pursuing the hacker legally and will seek damages. The exchange also said it will file criminal charges against the hacker.

This incident is a reminder of the importance of cybersecurity. Cryptocurrency exchanges are a prime target for hackers and customers should take steps to protect their funds.

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IS BINANCE MORE SAFE?

Yes
75%
No
25%
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