Binance Issues Warning On Clipper Malware Targeting Withdrawal Addresses
Binance has issued a warning about a rising threat of malware known as 'Clipper' or 'ClipBankers' that can manipulate withdrawal addresses to steal cryptocurrencies. The security team at Binance is working to identify and blacklist suspicious addresses linked to these attacks, and notifying affected users.
How Does 'Clipper' Malware Work?
Binance explained that the malware is capable of altering withdrawal addresses during the transaction process. The malicious software intercepts data copied to the clipboard, including cryptocurrency wallet addresses, and replaces the user's original wallet address with one designated by the attacker, effectively redirecting funds to the criminal's wallet.
Widespread Threat Across Platforms
Binance warned that the clipper malware is often spread through unofficial apps and plugins, primarily affecting Android devices. However, they also noted that even iOS users aren't completely safe from this threat. The company has detected an increase in such activities since August 27, urging users to double-check pasted addresses to avoid falling victim to this crypto theft scheme.
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