2024

Bitcoin

Clipper

Binance has issued a global alert about a rising malware threat targeting cryptocurrency users.Known as “Clipper malware,” the malicious software alters wallet addresses during transactions, leading to financial losses if the wallet user doesn’t catch on, <a href="https://www.binance.com/en/blog/security/protect-your-crypto-understanding-the-ongoing-global-malware-attacks-and-what-we-are-doing-to-stop-them-7968393135385409266?hl=en" rel="noopener noreferrer nofollow">according</a> to <a href="https://crypto.news/tag/Binance" rel="noopener noreferrer nofollow">Binance</a>.&nbsp;The <a href="https://crypto.news/tag/malware/" rel="noopener noreferrer nofollow">malware</a> replaces the user’s copied wallet address with one controlled by the attacker, tricking victims into sending cryptocurrency to the wrong destination. In other words, the malware changes some wallet address numbers during crypto transactions, causing users to send funds to hackers instead of their intended recipients.<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper"><blockquote class="twitter-tweet">Dear @AliAmosi Clipper is insidious malware which is leading involuntarily transfer assets to bad wills wallet. Most probably browser, profile or operation system has been compromised. When you are using the whitelist withdraw only at <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> exchange it will prevent to…— Binance Customer Support (@BinanceHelpDesk) <a href="https://twitter.com/BinanceHelpDesk/status/1796882445666521491?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 1, 2024</a></blockquote></div></figure>According to Binance (<a href="https://crypto.news/price/bnb/" rel="noopener noreferrer nofollow">BNB</a>), the problem has spiked in recent weeks, with a notable increase in incidents around Aug. 27, 2024. The malware primarily spreads through unofficial apps and plugins, especially targeting Android users, though iOS users are also at risk.Many users inadvertently download the malware while searching for software in their local languages or through unapproved sources.You might also like: <a rel="noopener noreferrer nofollow" href="https://crypto.news/us-sanctions-cambodian-senator-involved-in-crypto-related-human-trafficking-scams/"> US sanctions Cambodian senator involved in crypto-related human trafficking scams </a><h2 class="wp-block-heading" id="risk-taking-measures">Risk-taking measures</h2>In response, Binance’s security team has implemented several measures to counteract the threat. They have blacklisted suspicious addresses, informed affected users, and are closely monitoring for further risks.&nbsp;Users are advised to triple-check withdrawal addresses and ensure that no malware is interfering with their transactions.The company has also urged users to verify the authenticity of apps and plugins, double-check withdrawal addresses, and install reliable security software to guard against these scams. Binance also recommends regularly updating security software to stay safe.You might also like: <a rel="noopener noreferrer nofollow" href="https://crypto.news/institutional-demand-for-bitcoin-mining-stocks-on-the-rise-analyst-says/"> Institutional demand for Bitcoin mining stocks on the rise, analyst says </a>

Beware of ‘Clipper Malware’: Binance warns of crypto fraud

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