Close Menu
  • Crypto News
    • News
    • Bitcoin
    • Blockchain
    • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Meme Coins
    • Solana
    • Toncoin
    • XRP
  • Business
  • Markets
  • Regulation
  • Guides
  • Press Release
What's Hot

Metaplanet’s $5 Billion Capital Fuels Bitcoin Strategy

June 27, 2025

The COIN Act: Can This Bill Stop Trump’s Digital Cash Flow?

June 27, 2025

Polymarket NYC Mayor Betting Sees Big Jump As Scandals Unfold

June 27, 2025
Facebook X (Twitter) Instagram
  • About Us
  • Contact Us
  • Terms of Service
  • Privacy Policy
X (Twitter) Telegram
Crypto Junction
  • Crypto News
    • News
    • Bitcoin
    • Blockchain
    • BNB
    • Dogecoin
    • Ethereum
    • Litecoin
    • Meme Coins
    • Solana
    • Toncoin
    • XRP
  • Business
  • Markets
  • Regulation
  • Guides
  • Press Release
Crypto Junction
Home » Phishing Attacks Hit Top Crypto Exchanges
Crypto News

Phishing Attacks Hit Top Crypto Exchanges

Alice MonroeBy Alice MonroeMay 25, 20253 Mins Read
Twitter Telegram Copy Link Pinterest LinkedIn Facebook Reddit
Crypto Junction Phishing Attacks Hit Top Crypto Exchanges
Share
Twitter Telegram Facebook Pinterest Copy Link

In May 2025, a coordinated campaign of phishing attacks struck customer-provider teams at three main crypto systems. Attackers employed social engineering to bribe assist agents with $5,000–$50,000 offers. They mainly targeted representatives in low-wage areas, leveraging financial strain to benefit facts access. Consequently, hackers harvested names, addresses, authorities ID details, and account balances. Binance and Kraken detected those attempts swiftly, while Coinbase not on time response, allowing four months of unauthorised publicity.

Methodology And Timeline For Phishing Attack

First, attackers reached out through Telegram and other applications, purporting to be internal compliance officers. Second, they pretended to be official sites to pilfer agent credentials. They then requested “urgent data verification” with fake security notifications. Timeline logs show first contact in January 2025, and Coinbase employees noticed irregularities in January. Coinbase, though, did not take down compromised credentials until May 2025, a delay CEO Brian Armstrong later addressed publicly. At the same time, Binance’s AI monitoring in real time halted bribery efforts. Likewise, Kraken’s access tier model halted unauthorised queries in real time.

Mitigation And Impact

Binance neutralised phishing attacks with AI conversation analysis in 47 languages. When bots detected bribery keywords, they ended sessions within twelve seconds and notified security staff. Additionally, a zero-trust model made sure agents saw sensitive data only through customer-verified tickets. Binance hence avoided data leakage without disrupting service. Kraken implemented multi-factor privilege escalation for every sensitive request. In the meantime, its geographic redundancy rerouted support to backup sites during attacks, confining exposure to under six hours.

Compared to that, Coinbase’s episode cost about $400 million in remediate measures, rebates, and bounty payments. Share value declined over 6 percent when disclosed, while Bitcoin and Ethereum prices decreased 0.7 percent and 4.7 percent respectively. Hence, the episode points out risks of permanent offshore access and sluggish threat response.

Industry regulators have since investigated disclosure practices, which complicate compliance for listed stock exchanges. Despite Bitcoin’s 24 percent wave after Coinbases S&P 500 inclusion, LED institutional trust of revealed security holes. Therefore, platforms must use AI-enhanced monitoring, behavioural biometry and geofenced access controls to counteract inside threats. In addition, sharing of platforms can accelerate detection of new tactics.

Ultimately, this campaign emphasises the need to balance technological security measures with the management of people. Integration of decentralised identity frameworks and zero knowledge certificates will further protect against social technology. By learning from Binance and Kraken’s proactive measures – and delays in Coinbase – the industry can harden defence and maintain user confidence when digital assets enter the mainstream.

Binance Coinbase crypto hacker Crypto Security Kraken Phishing Attacks
Share. Telegram Twitter LinkedIn Pinterest Facebook Reddit Copy Link
Alice Monroe
Alice Monroe

Alice Monroe is an Associate Writer at Crypto Junction, covering crypto trends, token marketing, and emerging blockchain projects with a focus on real market insights.

Related Posts

Polymarket NYC Mayor Betting Sees Big Jump As Scandals Unfold

June 27, 2025

Reddit Eyeball-Scanning Technology Sparks User Debate

June 27, 2025

Ethereum Price Drop Triggers Biggest ETF Outflow Yet

June 25, 2025

Thai New Token Issuance Rules Under Consultation

June 25, 2025
Trending Posts

Alpenglow Protocol Set to Dominate Web3

June 15, 2025

Ethereum’s Rise: The Cryptocurrency Set to Transform Industries

April 12, 2016

Stablecoin Regulation Clears Senate: Big Win for Crypto

June 15, 2025

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Crypto Junction, founded in 2014, is one of the original and most trusted sources for cryptocurrency news and blockchain insights. We provide accurate, unbiased, and timely coverage of digital assets, market trends, and industry developments.

All content on Crypto Junction is for informational and educational purposes only and should not be considered financial, investment, or legal advice. Cryptocurrency investments are highly volatile and carry risks. Always conduct your own research before making financial decisions.

We're social. Connect with us:

X (Twitter) Telegram
Top Insights

Metaplanet’s $5 Billion Capital Fuels Bitcoin Strategy

June 27, 2025

The COIN Act: Can This Bill Stop Trump’s Digital Cash Flow?

June 27, 2025

Polymarket NYC Mayor Betting Sees Big Jump As Scandals Unfold

June 27, 2025
ABOUT
  • About Us
  • Cookie Policy
  • Editorial Policy
  • Investment Disclaimer
  • Press and Media Kit
  • Terms of Service
  • Affiliate Disclosure
  • Contact Us
NEWSLETTER

Subscribe to Updates

Get the latest crypto news and updates direct to your inbox - we don't spam

X (Twitter) Telegram
  • Altcoin News
  • Bitcoin News
  • Dogecoin News
  • Ethereum News
  • Litecoin News
  • Meme Coin News
  • Solana News
  • XRP News
© 2025 Crypto Junction

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 107,089.69
ethereum
Ethereum (ETH) $ 2,419.69
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.13
bnb
BNB (BNB) $ 645.96
solana
Solana (SOL) $ 142.26
usd-coin
USDC (USDC) $ 1.00
tron
TRON (TRX) $ 0.273228
dogecoin
Dogecoin (DOGE) $ 0.160828
staked-ether
Lido Staked Ether (STETH) $ 2,418.10
cardano
Cardano (ADA) $ 0.557731
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 106,941.65
hyperliquid
Hyperliquid (HYPE) $ 36.43
bitcoin-cash
Bitcoin Cash (BCH) $ 505.29
wrapped-steth
Wrapped stETH (WSTETH) $ 2,921.66
sui
Sui (SUI) $ 2.69
chainlink
Chainlink (LINK) $ 13.04
leo-token
LEO Token (LEO) $ 9.09
avalanche-2
Avalanche (AVAX) $ 17.52
stellar
Stellar (XLM) $ 0.236575
usds
USDS (USDS) $ 1.00
the-open-network
Toncoin (TON) $ 2.85
shiba-inu
Shiba Inu (SHIB) $ 0.000011
whitebit
WhiteBIT Coin (WBT) $ 46.20
weth
WETH (WETH) $ 2,419.08
litecoin
Litecoin (LTC) $ 84.81
wrapped-eeth
Wrapped eETH (WEETH) $ 2,589.95
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
hedera-hashgraph
Hedera (HBAR) $ 0.145928
monero
Monero (XMR) $ 306.98
bitget-token
Bitget Token (BGB) $ 4.65
ethena-usde
Ethena USDe (USDE) $ 1.00
polkadot
Polkadot (DOT) $ 3.35
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 107,145.71
pi-network
Pi Network (PI) $ 0.576847
uniswap
Uniswap (UNI) $ 6.90
aave
Aave (AAVE) $ 257.95
pepe
Pepe (PEPE) $ 0.000009
dai
Dai (DAI) $ 0.999931
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.18
aptos
Aptos (APT) $ 4.85
okb
OKB (OKB) $ 50.03
bittensor
Bittensor (TAO) $ 326.22
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
near
NEAR Protocol (NEAR) $ 2.11
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 172.32
internet-computer
Internet Computer (ICP) $ 4.74
crypto-com-chain
Cronos (CRO) $ 0.080823
ethereum-classic
Ethereum Classic (ETC) $ 16.15
susds
sUSDS (SUSDS) $ 1.06
ondo-finance
Ondo (ONDO) $ 0.746456
tokenize-xchange
Tokenize Xchange (TKX) $ 27.74
usd1-wlfi
USD1 (USD1) $ 0.999631
mantle
Mantle (MNT) $ 0.596222
kaspa
Kaspa (KAS) $ 0.074258
gatechain-token
Gate (GT) $ 15.75
fasttoken
Fasttoken (FTN) $ 4.42
official-trump
Official Trump (TRUMP) $ 8.99
cosmos
Cosmos Hub (ATOM) $ 3.92
vechain
VeChain (VET) $ 0.020365
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.670966
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 106,501.53
sky
Sky (SKY) $ 0.078775
sei-network
Sei (SEI) $ 0.292227
render-token
Render (RENDER) $ 3.12
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.174153
ethena
Ethena (ENA) $ 0.252832
arbitrum
Arbitrum (ARB) $ 0.305151
algorand
Algorand (ALGO) $ 0.174708
filecoin
Filecoin (FIL) $ 2.21
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.36
first-digital-usd
First Digital USD (FDUSD) $ 0.997834
binance-peg-weth
Binance-Peg WETH (WETH) $ 2,419.90
usdtb
USDtb (USDTB) $ 1.00
worldcoin-wld
Worldcoin (WLD) $ 0.870834
kucoin-shares
KuCoin (KCS) $ 11.08
binance-staked-sol
Binance Staked SOL (BNSOL) $ 150.83
usdt0
USDT0 (USDT0) $ 1.00
nexo
NEXO (NEXO) $ 1.20
jupiter-exchange-solana
Jupiter (JUP) $ 0.40492
flare-networks
Flare (FLR) $ 0.017189
rocket-pool-eth
Rocket Pool ETH (RETH) $ 2,756.54
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 2,533.53
spx6900
SPX6900 (SPX) $ 1.14
kaia
Kaia (KAIA) $ 0.177391
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00
bonk
Bonk (BONK) $ 0.000013
injective-protocol
Injective (INJ) $ 10.50
blockstack
Stacks (STX) $ 0.661678
binance-bridged-usdc-bnb-smart-chain
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999994
fartcoin
Fartcoin (FARTCOIN) $ 0.997693
celestia
Celestia (TIA) $ 1.44
sonic-3
Sonic (S) $ 0.305758
paypal-usd
PayPal USD (PYUSD) $ 0.999747
xdce-crowd-sale
XDC Network (XDC) $ 0.059483
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 1.46
optimism
Optimism (OP) $ 0.533395
pax-gold
PAX Gold (PAXG) $ 3,297.91
mantle-staked-ether
Mantle Staked Ether (METH) $ 2,587.29
solv-btc
Solv Protocol BTC (SOLVBTC) $ 106,893.64