TLDR Crypto · MARKETS & BUSINESS

CERTIK VS KRAKEN ON A $3M EXPLOIT

theblock.co2 min read

Summary from the TLDR Crypto newsletter

Blockchain security firm CertiK said it found a vulnerability in Kraken's deposit system and was transferring funds back to the exchange amid a bug bounty dispute. Kraken's Chief Security Officer claims that individuals in Certik were extorting Kraken. Certik claims that Kraken threatened these individuals after making unreasonable requests regarding returning funds.