🔴 Happening now: Binance has warned of new malware targeting cryptocurrency withdrawal addresses.

The exchange said the threat could result in “significant financial” losses.

Users have been urged to take certain measures to mitigate the risk.

The hacked software, often known as “Clipperware,” intercepts data stored in the clipboard to replace the original addresses with ones designed by the hacker. This occurs when a user copies and pastes a wallet address to transfer digital assets.