The security firm also revealed that wrench attacks are on the rise.

Phishing attacks drove most losses, continuing a steady rise in monthly crypto incidents.

Security researchers have flagged OpenBounty, a platform affiliated with CertiK, for allegedly front-running bug bounty reports.

A Solana cybersecurity researcher said that the firm does the bare minimum when auditing protocols.

Kraken’s Chief Security Officer confirmed the funds have been returned minus a small amount “lost to fees.”