Binance, Kraken Are Said to Have Been Targets of Hacks (1)

Binance and Kraken are among major crypto exchanges that have been targeted by the same type of social-engineering hack that was recently disclosed by Coinbase Global Inc., according to people familiar with the situation.

Both digital-asset platforms were able to fend off the attacks without losing customer data, according to the people, who asked not to be identified discussing the assaults. Representatives of Binance and Kraken declined to comment on cybersecurity matters.

While crypto companies and market participants have been constant targets of cyber criminals since the earliest days of the industry more than a decade ago, upticks in the ...