Binance warns users as phishing texts increase

Binance warned cryptocurrency users on Sept. 3 about an increase in phishing attacks involving text messages disguised as account security alerts. Summary Binance warned users about phishing texts disguised as urgent security alerts containing shortened malicious links. The exchange said it never asks customers to verify or secure accounts through text links. Users can check suspicious communications through Binance Verify before responding or entering any account information. Withdrawal address whitelists restrict transfers to destinations approved by account holders before any withdrawal request. Binance disclosed no victim count or financial losses connected specifically to its latest phishing warning. The exchange said scammers were sending messages claiming that account settings had changed or that suspicious login activity had occurred. The messages include shortened links and direct recipients to “verify” or “secure” their accounts. Binance did not disclose how many users received the messages. It also provided no figure for losses connected specifically to the latest campaign. Binance phishing texts create false urgency The fraudulent messages are designed to resemble offic...