The world's largest cryptocurrency exchange, #Binance, has warned of a security threat that has been spreading in recent days and targeting users' funds.

According to the exchange's block order, a type of malware called "Clipper" causes serious financial losses by changing withdrawal addresses in cryptocurrency transactions. The malware in question targets wallet addresses that users copy and merge, replacing the addresses with the attacker's changes. If the user completes the transaction without noticing the change, the cryptocurrency is transferred to the attacker's account.

The biggest increase occurred on August 27. It was found that there was a significant increase in the use of this software, especially on August 27, 2024. It is noted that viruses often spread through unofficial software and add-ons in Android and web applications, but iOS users should also be careful about such threats. According to experts, users often download this software without knowing it within the software in their language or through unofficial channels.

Binance Security Measures The statement includes the security measures taken by Binance. It is emphasized that the exchange has blacklisted the attackers’ addresses and that many fraud attempts have been prevented in this way until they are removed. It is also stated that those affected have been notified and advised to check for suspicious software on their devices. It is also emphasized that ongoing testing and analysis have been carried out on the cases that have been reported.

What Should Users Do?

Binance offers the following recommendations to users to protect themselves from such malware: Verify the authenticity of applications: Make sure you have reliable backups of the applications and extensions you use. Avoid downloading unofficial software.

Double-check your address: Double-check your withdrawal address multiple times during the transfer. This simple step can prevent major financial losses. For added security, you can save the address screen before the transfer takes place and show it to the recipient.

Stay updated: Follow security alerts from Binance and other trusted sources.

Use security software: Install reliable security software on your device and protect against the latest threats by updating it regularly.

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