Cryptocurrency

Dark

<a href="https://bitcoinworld.co.in/binance-user-data-allegedly-being-sold-on-dark-web/" title="Binance User Data Allegedly Being Sold On Dark Web" rel="noopener noreferrer nofollow"></a>
Cryptocurrency exchange giant Binance might be facing another data breach controversy as a report claims that the exchange is selling user data on dark web.
Binance, the leading exchange by trading volumes worldwide, is currently facing a potential data breach issue.&nbsp;
A dark web forum offers what they claim to be verified user data from the Binance platform.&nbsp;
The post advertises the sale of data including names, countries, and phone numbers of Binance users. If genuine, it could pose significant privacy concerns.&nbsp;
According to the forum post, the data primarily involves English-speaking users from Tier 1 countries.&nbsp;
The seller suggests the authenticity of the data can be verified by attempting to log in with the phone numbers on binance.com or by contacting the users directly.
The claims on the dark web forum are alarming, but the authenticity of the information remains unverified.&nbsp;
See Also: <a class="row-title" href="https://bitcoinworld.co.in/binance-claims-data-exposed-on-github-is-outdated-and-pose-no-risk/" aria-label="“Binance Claims Data Exposed On GitHub Is Outdated And Pose No Risk” (Edit)" rel="noopener noreferrer nofollow">Binance Claims Data Exposed On GitHub Is Outdated And Pose No Risk</a>
<h3 id="span-style-font-weight-400-the-2019-incident-span">The 2019 Incident&nbsp;&nbsp;&nbsp;&nbsp;</h3>
There is no clear evidence to confirm that the data originates from Binance’s systems or that it is accurate.&nbsp;
In a similar incident from 2019, Binance investigated an alleged leak of customer verification information.&nbsp;
At that time, the exchange refuted the claims, noting inconsistencies with their internal data and lack of any digital watermark from their system.&nbsp;
The 2019 incident <a href="https://www.binance.com/en/blog/all/statement-on-false-kyc-leak-365766157488967680" rel="noopener noreferrer nofollow">reportedly</a> involved threats of public distribution of 10,000 photos resembling Binance KYC data unless a ransom of 300 BTC was paid, which Binance declined.
In light of these previous events, the current situation raises doubts about the legitimacy of the data being sold.&nbsp;
The dark web is notorious for such illicit offerings, and determining the source and authenticity of such data remains a challenge for both the affected institutions and their users.
Binance has previously stated its commitment to investigating and working with law enforcement to address such issues.
#Binance #WRITE2EARN
The post <a href="https://bitcoinworld.co.in/binance-user-data-allegedly-being-sold-on-dark-web/" rel="noopener noreferrer nofollow">Binance User Data Allegedly Being Sold On Dark Web</a> appeared first on <a href="https://bitcoinworld.co.in" rel="noopener noreferrer nofollow">BitcoinWorld</a>.

Binance User Data Allegedly Being Sold On Dark Web

Table of Contents

ItsBitcoinWorld

Other articles published on Feb 5, 2024

Hong Kong Sets Deadline for Crypto Exchanges to Apply for Licenses

Bitget Wallet Welcomes Alvin Kan, Former Senior Executive at BNB Chain, as New COO

Pundit Argues $14 Trillion to Flow into XRP with 1% of Share Tokenization Market

Gen AI is Giving Tough Competition to Humans in Jobs and Skills

Coinbase Stock: Market Optimism Increased for COIN; What’s Next?

Price Analysis: Chainlink (LINK) Price Up More Than 7% In 24 Hours

Join our free newsletter for daily crypto updates!