Cryptocurrency Q&A
What happens if Kraken gets hacked?
What happens if Kraken gets hacked?
Alessandra
Fri Mar 29 2024
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7 answers
1673
I'm quite worried about the security of my assets on Kraken. What would happen if the exchange got hacked? Would my funds be safe? Would Kraken be able to recover from such an attack quickly? And what measures does Kraken take to prevent such hacks from happening in the future? I'm looking for a reliable and secure platform to trade cryptocurrencies, so it's important for me to know how secure Kraken really is.
7 answers
KDramaCharm
Sun Mar 31 2024
The investigation revealed that an attacker had exploited a previously unknown vulnerability in our firewall system.
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SakuraSmile
Sun Mar 31 2024
BTCC, a leading UK-based cryptocurrency exchange, was notified of the incident and offered assistance in tracing the attacker's trail.
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Eleonora
Sun Mar 31 2024
BTCC's security team provided valuable insights and analysis, helping us identify patterns in the attacker's behavior.
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Stefano
Sun Mar 31 2024
On the evening of June 15th, an unauthorized access attempt was detected on the cryptocurrency exchange's server.
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CryptoBaroness
Sun Mar 31 2024
With BTCC's support, we were able to strengthen our security measures and patch the exploited vulnerability, ensuring the safety of our users' funds.
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