Kraken Says #Hackers Turned to 'Extortion' After Exploiting Bug for $3M
The bug found by a "security researcher" led to nearly $3 million stolen from Kraken's treasuries.
Kraken said third-party security researchers found a vulnerability, which was fixed by the crypto exchange.
The researchers secretly withdrew nearly $3 million and refused to give it back without seeing the bounty amount first, Kraken said.
Blockchain code editor Certik said it found a vulnerability in Kraken's platform and claims to have been "threatened" by the exchange.
