Tag: wallet address

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Binance Warns of Malware Targeting Crypto Addresses, Urges Users to Always Verify

September 15, 2024

Cryptocurrency exchange Binance has alerted users to a rise in “Clipper malware” attacks that can steal crypto funds. The malware intercepts wallet addresses, replacing them with attackers’. Binance said it has implemented security measures and provided tips to users, including verifying app authenticity, checking withdrawal addresses, and staying updated on security advisories. Clipper Malware Attacks…
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Binance Shifts $1 Billion in SAFU Bitcoin Reserves to USDC

April 18, 2024

Binance, the leading cryptocurrency exchange globally in terms of trading volume, has shifted its SAFU (Secure Asset Fund for Users) reserves into the stablecoin USDC to bolster “its reliability.” During the early hours of Thursday, the platform transferred two substantial amounts of BTC and BNB. Binance Executes Dual Crypto Moves on Thursday: What’s Behind the…
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Sleeping Bitcoin wallet stirs after 11 years, moving over $30M

July 24, 2023

The anonymous Bitcoin whale is up over 600,000% from their 2011 purchase of BTC at $4.92. A dormant Bitcoin (BTC) wallet holding over 1,037 Bitcoin — worth $31 million at current prices — has suddenly awoken after an 11-year slumber, transferring out its entire stash.  The 1037 BTC was transferred amid a Bitcoin price of $29,956 and…
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NFT court orders could become a norm in crypto-related litigation: Lawyers

January 24, 2023

Despite whether the defendant sees the court notice, getting served by NFT “limits what the defendant” can do with the funds according to legal experts. Non-fungible tokens (NFTs) are becoming an increasingly popular solution to serving defendants in blockchain-based crimes that would otherwise be unreachable, according to crypto lawyers. The last year has seen an…
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Metamask Wallet Users Warned to Be on the Lookout for Address Poisoning Attacks

January 15, 2023

To avoid becoming victims of an address poisoning attack, Metamask wallet users should ditch the practice of copying and pasting wallet addresses, the crypto wallet app support team has warned. Metamask users should instead “develop a habit of thoroughly checking every single character of an address” before sending a transaction. Scammers Exploiting Users’ Carelessness Metamask…
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Binance Announces SAFU Fund Has Reached $1 Billion

February 1, 2022

Binance has announced one of its trademark features, the SAFU fund, has reached a milestone in its development. The SAFU fund, an acronym that stands for “Secure Asset Fund for Users,” has reached the amount of one billion dollars, securing the funds of users in case of a hacking emergency. The exchange, which is one…
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