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…
We at Kraken believe that driving global crypto adoption relies on a solid cybersecurity framework in order to protect our clients’ financial freedom. It’s why our motto is security above everything. It’s also why we commemorate Cybersecurity Awareness Month each October. This year, we celebrated…
NFTs are only as secure as their creator makes them. As with any emerging technology, taking shortcuts in the design stages can have disastrous consequences down the line. Kraken Security Labs scanned thousands of smart contracts on the Ethereum blockchain to take advantage of vulnerabilities…
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…
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…
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…
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…
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…
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…
