The worldâs largest crypto exchange, #Binance, has raised alarms about a growing security threat targeting users' wallets. A dangerous malware called âClipperâ has been identified, which changes withdrawal addresses during crypto transactions, leading to significant financial losses. The malware replaces the copied address with the attacker's, and if unnoticed, the crypto is sent to their account instead.
đ **Spike in Attacks on August 27**
The use of this malware surged on August 27, 2024. It mainly spreads via unofficial apps and software add-ons, mostly on Android and web apps. iOS users are also urged to remain cautious. Experts warn that users unknowingly download the malware from unofficial sources or localized software.
đ **Binanceâs Security Actions**
Binance has blacklisted attacker addresses, preventing multiple fraud attempts. Affected users have been notified, and ongoing analysis is being conducted. Binance urges users to scan their devices for suspicious software.
**How to Stay Safe**
1. **Verify Apps & Add-ons**: Ensure you only download official, trusted software and avoid unofficial sources.
2. **Double-Check Addresses**: Always verify your withdrawal address more than once before confirming a transfer.
3. **Stay Informed**: Keep up with Binance's security updates and advisories from trusted sources.
4. **Use Security Software**: Install and regularly update reliable security software on all your devices.
