The world's largest cryptocurrency exchange, #Binance , has warned against a security threat that has become increasingly widespread in recent days and targets users' budgets.

According to the blocking made by the exchange, a type of malware called "Clipper" causes serious financial losses by changing withdrawal addresses during cryptocurrency transactions. The software in question targets budget addresses that users copy and combine, changing the address with the attacker's changes. If the user completes the transfer without noticing the change, the cryptocurrency is transferred to the attacker's account.

The biggest increase occurred on August 27 It was detected that there was a significant increase in the use of this software especially on August 27, 2024. It was noted that the virus generally spreads 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 their knowledge in the range of software in their own language or through unofficial channels.

Binance's security measures The statement included the security measures taken by Binance. It was emphasized that the exchange blacklisted the addresses of the attackers and that many fraud attempts were prevented in this way until they were removed. In addition, it was stated that the affected people were informed and it was recommended to check the suspicious software on the devices. In addition, it was emphasized that continuous examination and analysis were carried out on the cases experienced.

What should users do?

Binance made the following recommendations to users to protect themselves from such malicious software: Verify the authenticity of the applications: Make sure that you have reliable backups of the applications and add-ons you use. Avoid downloading unofficial software.

Double-check your addresses: Check your withdrawal address more than once during the transfer process. This simple step can prevent major financial losses. For extra security, you can save the address screen before the transfer process and display it to the recipient.

Stay up to date: Follow security warnings from Binance and other reliable sources.

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

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