Global cryptocurrency exchange Binance has warned users to be wary of global malware that alters withdrawal addresses during transactions. Known as “Clipper malware,” this malware reportedly intercepts data stored on keyboards, such as crypto wallet addresses. When users copy and paste an address, the malware can swap the original address with an attacker’s, leading to financial losses.
In a blog post, Binance said it has observed a surge in the use of this type of attack since Aug. 27. The crypto exchange warned that the malware is often distributed through unofficial apps and plugins on Android and the web.
“The malware is often distributed through unofficial apps and plugins, especially on Android and web apps, but iOS users should also remain vigilant. Many users inadvertently install these malicious apps while searching for software in their native languages or through unofficial channels, often due to restrictions in their countries,” Binance stated.
Global cryptocurrency exchange Binance has warned users to be wary of global malware that alters withdrawal addresses during transactions. Known as “Clipper malware,” this malware reportedly intercepts data stored on keyboards, such as crypto wallet addresses. When users copy and paste an address, the malware can swap the original address with an attacker’s, leading to financial losses.
In a blog post, Binance said it has observed a surge in the use of this type of attack since Aug. 27. The crypto exchange warned that the malware is often distributed through unofficial apps and plugins on Android and the web.
“The malware is often distributed through unofficial apps and plugins, especially on Android and web apps, but iOS users should also remain vigilant. Many users inadvertently install these malicious apps while searching for software in their native languages or through unofficial channels, often due to restrictions in their countries,” Binance stated.