Binance and Kraken successfully defended against a sophisticated social engineering campaign mirroring the recent Coinbase breach.

Attackers attempted to bribe customer service agents via Telegram, but robust internal security measures, including AI-powered systems at Binance and strict data access controls, prevented any data loss. This stands in stark contrast to Coinbase's experience, which resulted in significant financial and reputational damage. The incident highlights the critical role of proactive security and employee training in mitigating the ever-evolving threat of social engineering in the cryptocurrency industry.