Web3 security firm identifies activity similar to Kraken breach on OKX, BingX, Gate.io and Binance

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Web3 security firm identifies activity similar to Kraken breach on OKX, BingX, Gate.io and Binance
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Security-focused ranking platform CertiK identified itself as the “white-hat” hacker behind the $3 million Kraken hack.

Hexagate, a Web3 security firm, has identified on-chain activity similar to CertiK in Kraken’s case. Security firm detected this across Base, BNBChain, Optimism, Arbitrum, Avalanche, LineaBuild and Polygon. Hexagate states there is no evidence that exchanges have been impacted, shows on-chain proof, alerting users. The exchange is treating the case as a criminal exploit, and law enforcement is attempting to recover funds.

We… pic.twitter.com/JyMZy0Uira — Hexagate June 20, 2024 CertiK informed the community of multiple bugs as part of the investigation and assessed the scope of the exchange’s vulnerability. CertiK says it's behind Kraken's $3 million bug exploitation. For sharing the actual evidence of the on-chain activity, Hexagon was slammed for sharing the information in tweets. The firm defended themselves, noting that the incident was publicly known.

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