Binance Square

SecurityAlert

163,485 views
176 Discussing
CRPX
--
CYBER SHIELD CRPX#BinanceAlphatAlert #CRPX #CYBER The deployment of dynamic CORPUS tokens is a crucial step towards strengthening cybersecurity measures on a global scale. Countries must invest in this technology to stay ahead of cybercriminals and protect their digital assets. By prioritizing cybersecurity and implementing robust security measures, nations can ensure a safer and more secure online environment for all. That's Why CSB BANK Incorporate with CRPX Tokens into their digital asset reserves. According to #BinanceSquareTalks Foresight News, decentralized AI protocol Prime Intellect has released a preview of its inference stack. This development aims to address challenges in autoregressive decoding, including computational efficiency, KV cache memory bottlenecks, and public network latency. #SecurityAlert

CYBER SHIELD CRPX

#BinanceAlphatAlert
#CRPX #CYBER
The deployment of dynamic CORPUS tokens is a crucial step towards strengthening cybersecurity measures on a global scale. Countries must invest in this technology to stay ahead of cybercriminals and protect their digital assets. By prioritizing cybersecurity and implementing robust security measures, nations can ensure a safer and more secure online environment for all.
That's Why CSB BANK Incorporate with CRPX Tokens into their digital asset reserves.
According to #BinanceSquareTalks Foresight News, decentralized AI protocol Prime Intellect has released a preview of its inference stack. This development aims to address challenges in autoregressive decoding, including computational efficiency, KV cache memory bottlenecks, and public network latency.
#SecurityAlert
#Binance #SecurityAlert "Cracking" Binance or any secure platform isn't feasible or recommended due to: *Security Measures* 1. *Robust encryption*: Binance employs advanced security protocols. 2. *Regular updates*: Continuous monitoring and updates to prevent vulnerabilities. 3. *Legal implications*: Attempting to breach security can lead to legal consequences. *Alternative Options* 1. *Official APIs*: Binance offers official APIs for developers. 2. * #Trading bots*: Building trading bots using Binance's API. If you're interested in developing with Binance's API, I'd be happy to provide more information!#AITokensBounce #AirdropStepByStep
#Binance #SecurityAlert
"Cracking" Binance or any secure platform isn't feasible or recommended due to:

*Security Measures*
1. *Robust encryption*: Binance employs advanced security protocols.
2. *Regular updates*: Continuous monitoring and updates to prevent vulnerabilities.
3. *Legal implications*: Attempting to breach security can lead to legal consequences.

*Alternative Options*
1. *Official APIs*: Binance offers official APIs for developers.
2. * #Trading bots*: Building trading bots using Binance's API.

If you're interested in developing with Binance's API, I'd be happy to provide more information!#AITokensBounce #AirdropStepByStep
See original
🚨 BREAKING NEWS: $3M to $330M in Bitcoin… LOST in an Instant 🚨 A painful reminder: even crypto legends can fall. In 2017, an early investor bought $3 million in Bitcoin. By 2025, that investment was worth over $330 million. Until yesterday. They lost it all. 🧠 What Happened? According to blockchain analysts, the wallet was compromised — likely due to phishing, poor key management, or a malicious application. This was not just a minor oversight. It was a devastating move that wiped out hundreds of millions in BTC in a single transaction. This event highlights one thing: 🔒 Crypto wealth means nothing without security. ⚠️ Key Lessons for All Crypto Users Whether you are a retail investor or a whale: 🛡️ Never store all your crypto in a single hot wallet. 🔐 Use hardware wallets and enable multi-signature protection. 🧠 Treat every message, app, or email related to crypto with suspicion. 🧪 Regularly review your security practices — even veterans make fatal mistakes. 📉 Why This Matters for the Market While this is not a market-moving event by itself, it is a significant psychological blow to the community and a reminder that crypto is not just about profits — it’s about responsibility. The market may continue to rise, but the risks — especially personal ones — are real. 💬 Join the Conversation Does this case change the way you manage your assets? 👉 Like if you found this story impactful 👉 Share to raise awareness 👉 Comment your own security tips or personal experiences. #BinanceAlphaAlert #BTC #BTCRebound #Seguridad #SecurityAlert $BTC
🚨 BREAKING NEWS: $3M to $330M in Bitcoin… LOST in an Instant 🚨

A painful reminder: even crypto legends can fall.
In 2017, an early investor bought $3 million in Bitcoin. By 2025, that investment was worth over $330 million.
Until yesterday.
They lost it all.
🧠 What Happened?
According to blockchain analysts, the wallet was compromised — likely due to phishing, poor key management, or a malicious application.
This was not just a minor oversight. It was a devastating move that wiped out hundreds of millions in BTC in a single transaction.

This event highlights one thing:
🔒 Crypto wealth means nothing without security.

⚠️ Key Lessons for All Crypto Users

Whether you are a retail investor or a whale:
🛡️ Never store all your crypto in a single hot wallet.
🔐 Use hardware wallets and enable multi-signature protection.
🧠 Treat every message, app, or email related to crypto with suspicion.
🧪 Regularly review your security practices — even veterans make fatal mistakes.
📉 Why This Matters for the Market
While this is not a market-moving event by itself, it is a significant psychological blow to the community and a reminder that crypto is not just about profits — it’s about responsibility.
The market may continue to rise, but the risks — especially personal ones — are real.

💬 Join the Conversation
Does this case change the way you manage your assets?

👉 Like if you found this story impactful
👉 Share to raise awareness
👉 Comment your own security tips or personal experiences.

#BinanceAlphaAlert #BTC #BTCRebound #Seguridad #SecurityAlert
$BTC
#SecurityAlert #SecurityTips Face Attack Threat Main Takeaways Scammers employ AI to replicate users’ faces based on publicly available photos or videos, looking to bypass Binance’s face verification systems and steal victims’ crypto.  Public selfies, ID pics, and unsecured devices are prime targets for these face attack-powered scams.  Binance’s Security team is actively tracking this threat, enhancing protections and urging users to stay vigilant.  Criminals are leveraging AI to mimic user’s faces, attempting to trick Binance’s facial recognition system and gain unauthorized access to victims’ accounts. Fueled by publicly available images and stolen hardware. This threat first gained traction as deepfake technology became more accessible. Scammers started with basic photo manipulation, but now they’re pulling vast amounts of data  from social media selfies, leaked IDs, and even casual videos where victims are present in the frame.  If they pair this with a stolen device that has the Binance app installed, the risk skyrockets. A phone or laptop/pc with saved Binance access is a goldmine. If it’s unlocked or lacks strong security, attackers can combine physical device access with an AI-generated face to wreak havoc.  How to Protect Yourself Keep Photos Private: If you post selfies or videos online, make sure to limit access to trusted peoples/sites Lock Your Devices: Use strong passwords, enable 2FA, and secure your phone or laptop. Avoid saving Binance login details on devices that could be stolen.   Double-check at every step. If something feels off, a quick pause could save your crypto. conclusion From a single selfie to an unlocked phone, scammers are finding new ways to strike. But we’re not defenseless. Binance’s security experts are working tirelessly to detect and block these threats, and with our vigilance, they can keep scammers out. Guard your face, secure your devices, and act fast at the first sign of trouble. #Write2Earn #BinanceAcademy
#SecurityAlert #SecurityTips
Face Attack Threat

Main Takeaways

Scammers employ AI to replicate users’ faces based on publicly available photos or videos, looking to bypass Binance’s face verification systems and steal victims’ crypto. 
Public selfies, ID pics, and unsecured devices are prime targets for these face attack-powered scams. 

Binance’s Security team is actively tracking this threat, enhancing protections and urging users to stay vigilant. 

Criminals are leveraging AI to mimic user’s faces, attempting to trick Binance’s facial recognition system and gain unauthorized access to victims’ accounts. Fueled by publicly available images and stolen hardware.

This threat first gained traction as deepfake technology became more accessible. Scammers started with basic photo manipulation, but now they’re pulling vast amounts of data  from social media selfies, leaked IDs, and even casual videos where victims are present in the frame. 

If they pair this with a stolen device that has the Binance app installed, the risk skyrockets. A phone or laptop/pc with saved Binance access is a goldmine. If it’s unlocked or lacks strong security, attackers can combine physical device access with an AI-generated face to wreak havoc. 

How to Protect Yourself

Keep Photos Private: If you post selfies or videos online, make sure to limit access to trusted peoples/sites

Lock Your Devices: Use strong passwords, enable 2FA, and secure your phone or laptop. Avoid saving Binance login details on devices that could be stolen.
 
Double-check at every step. If something feels off, a quick pause could save your crypto.

conclusion

From a single selfie to an unlocked phone, scammers are finding new ways to strike. But we’re not defenseless. Binance’s security experts are working tirelessly to detect and block these threats, and with our vigilance, they can keep scammers out. Guard your face, secure your devices, and act fast at the first sign of trouble.
#Write2Earn #BinanceAcademy
See original
Nasdaq has filed an application with the U.S. SEC to list and trade the 21Shares Dogecoin ETF, which aims to track the performance of Dogecoin. The ETF will be sponsored by 21Shares US LLC under Nasdaq rule 5711(d). $DOGE #NASDAQ #SecurityAlert #etf
Nasdaq has filed an application with the U.S. SEC to list and trade the 21Shares Dogecoin ETF, which aims to track the performance of Dogecoin.

The ETF will be sponsored by 21Shares US LLC under Nasdaq rule 5711(d).
$DOGE
#NASDAQ
#SecurityAlert
#etf
🚨Girlfriend who allegedly stole $800K of TrumpCoin from her boyfriend now in ICE custody, faces deportation🚨👀 A few weeks ago A vengeful vixen accused of stealing $800,000 worth of TrumpCoin from her now ex-beau was arrested and could be facing deportation, according to a report.🤷‍♂️👀 Anthony Bravo and 22-year-old native-Tunisian Maissa Jebali had been dating for six months when the couple had a verbal argument on Bravo’s yacht in South Florida❗️❗️❗️❗️ The blindsided boyfriend told the outlet he went to sleep and when he woke up the girl had hit the road with all of her belongings but that’s allegedly not all she took.💰📱📲 “She unlocked my phone and transferred $850,000 of TrumpCoin from my phantom wallet directly into her phantom wallet,” Anthony Bravo 📱📲💰 Be careful guys make sure to secure your wallets and do not trust people even your girlfriends 🤷‍♂️ #TRUMP #BinanceAlphaAlert #SecurityAlert #TrumpVsPowell
🚨Girlfriend who allegedly stole $800K of TrumpCoin from her boyfriend now in ICE custody, faces deportation🚨👀

A few weeks ago A vengeful vixen accused of stealing $800,000 worth of TrumpCoin from her now ex-beau was arrested and could be facing deportation, according to a report.🤷‍♂️👀

Anthony Bravo and 22-year-old native-Tunisian Maissa Jebali had been dating for six months when the couple had a verbal argument on Bravo’s yacht in South Florida❗️❗️❗️❗️

The blindsided boyfriend told the outlet he went to sleep and when he woke up the girl had hit the road with all of her belongings but that’s allegedly not all she took.💰📱📲

“She unlocked my phone and transferred $850,000 of TrumpCoin from my phantom wallet directly into her phantom wallet,” Anthony Bravo 📱📲💰

Be careful guys make sure to secure your wallets and do not trust people even your girlfriends 🤷‍♂️

#TRUMP #BinanceAlphaAlert #SecurityAlert
#TrumpVsPowell
Stay SAFU: Essential Binance Security Checklist🛡️ Stay SAFU with These #Binance Security Essentials: ✅ Turn on 2FA (Google Authenticator, biometrics, email, phone). ✅ Add an extra layer with a hardware key like YubiKey. ✅ Regularly review and remove unfamiliar devices. ✅ Download Binance updates only from official sources. ✅ Whitelist trusted withdrawal addresses only. ✅ Follow news from verified Binance channels. ✅ Complete KYC to boost your account’s protection. ✅ Avoid using public Wi-Fi — stick to secure networks. ✅ Use unique emails and rotate passwords every few months. ✅ Lock your phone — it’s your gateway to 2FA access. ✅ Don’t fall for social engineering or fake support reps. ✅ Be alert to phishing links, scam emails & malicious apps. Stay sharp. Stay secure. Stay in control. #SecurityAlert #BinanceSquareFamily #alert #CryptoMarketCapBackTo$3T

Stay SAFU: Essential Binance Security Checklist

🛡️ Stay SAFU with These #Binance Security Essentials:
✅ Turn on 2FA (Google Authenticator, biometrics, email, phone).
✅ Add an extra layer with a hardware key like YubiKey.
✅ Regularly review and remove unfamiliar devices.
✅ Download Binance updates only from official sources.
✅ Whitelist trusted withdrawal addresses only.
✅ Follow news from verified Binance channels.
✅ Complete KYC to boost your account’s protection.
✅ Avoid using public Wi-Fi — stick to secure networks.
✅ Use unique emails and rotate passwords every few months.
✅ Lock your phone — it’s your gateway to 2FA access.
✅ Don’t fall for social engineering or fake support reps.
✅ Be alert to phishing links, scam emails & malicious apps.
Stay sharp. Stay secure. Stay in control.

#SecurityAlert #BinanceSquareFamily #alert #CryptoMarketCapBackTo$3T
Greg Miller
--
How to Protect Yourself from P2P Reversal Scams: Simple Strategies Every Crypto Trader Should Know
In the world of peer-to-peer (P2P) crypto trading, convenience comes with risk. One of the most common—and dangerous—threats facing P2P traders today is the reversal scam. This scam typically involves a buyer making a payment and then reporting it to their bank as unauthorized, triggering a chargeback. As a result, the bank reverses the transaction, and the seller loses their funds—sometimes even facing account freezes or limitations.

But with the right precautions, you can protect yourself from this costly pitfall.

The Reversal Scam – How It Works
A scammer buys crypto via a P2P platform and sends payment to your bank. After you release the crypto, they contact their bank and claim the transaction was fraudulent.The bank investigates and often reverses the transaction.You lose both the crypto and the funds—and your account may be flagged for suspicious activity.

Simple Yet Powerful Strategy: Use a Separate Bank Account
One of the most effective ways to protect yourself from reversal scams is by separating your P2P activity from your personal finances.

Here’s how to do it:
Step 1: Create a dedicated bank account used only for receiving P2P payments.Step 2: As soon as you receive a payment, immediately transfer the funds to your main or secured bank account.Step 3: Once the funds are confirmed in your primary account, only then release the crypto to the buyer.

This creates a safety barrier. If the scammer later tries to reverse the payment, the targeted P2P account will already be empty—leaving nothing for the bank to take back.

Bonus Tip: Be Ready to Switch Accounts
If your P2P account is ever flagged or frozen by the bank due to repeated disputes, it’s much easier to manage when it’s separate from your personal funds. You can simply close it and open a new one without compromising your core finances or daily transactions.

Final Thoughts
P2P crypto trading offers flexibility and opportunity, but it requires vigilance. Reversal scams are real—but with smart practices like using a separate account, quick transfers, and cautious release timing, you can trade with confidence.
Stay alert. Stay secure. Protect your crypto.

#Scam? #Crypto #P2PScam #P2PScamAwareness #BinanceSquareFamily
🚨 Security Alert: Bithumb Breach Linked to Telecom Data Leak 🚨 South Korean crypto exchange Bithumb has issued a warning to its users following a significant data breach at the nation's largest telecom provider. The breach reportedly exposed personal information, including names, phone numbers, and email addresses, raising concerns about potential phishing attacks targeting crypto investors. 🔒 Bithumb's Response: Immediate suspension of deposits and withdrawals to safeguard user assets. Transfer of funds to cold wallets to enhance security. Commitment to fully compensate affected users from company reserves. 🛡️ Stay Protected: Be vigilant against unsolicited communications requesting personal information. Enable two-factor authentication on all crypto-related accounts. Regularly update passwords and monitor account activity.​ Stay safe and always prioritize your digital security. 🛡️💻 {spot}(BTCUSDT) {spot}(XRPUSDT) {spot}(ETHUSDT) #SouthKorea #SecurityAlert #MarketRebound #DinnerWihtTrump #SaylorBTCPurchase
🚨 Security Alert: Bithumb Breach Linked to Telecom Data Leak 🚨

South Korean crypto exchange Bithumb has issued a warning to its users following a significant data breach at the nation's largest telecom provider. The breach reportedly exposed personal information, including names, phone numbers, and email addresses, raising concerns about potential phishing attacks targeting crypto investors.

🔒 Bithumb's Response:

Immediate suspension of deposits and withdrawals to safeguard user assets.

Transfer of funds to cold wallets to enhance security.

Commitment to fully compensate affected users from company reserves.

🛡️ Stay Protected:

Be vigilant against unsolicited communications requesting personal information.

Enable two-factor authentication on all crypto-related accounts.

Regularly update passwords and monitor account activity.​

Stay safe and always prioritize your digital security. 🛡️💻


#SouthKorea
#SecurityAlert
#MarketRebound
#DinnerWihtTrump
#SaylorBTCPurchase
Critical security vulnerability detected in XRP Ledger! This vulnerability in the JavaScript library was discovered by Charlie Eriksen and described as a "potential catastrophe." The XRP Ledger Foundation is asking all projects to update immediately. This 'backdoor' could lead to a serious supply chain attack. Are you affected? #XRPUSDT🚨 #Crypto #SecurityAlert #MarketRebound
Critical security vulnerability detected in XRP Ledger! This vulnerability in the JavaScript library was discovered by Charlie Eriksen and described as a "potential catastrophe." The XRP Ledger Foundation is asking all projects to update immediately. This 'backdoor' could lead to a serious supply chain attack. Are you affected? #XRPUSDT🚨 #Crypto #SecurityAlert
#MarketRebound
See original
P2P SCAM ALERTA new and very dangerous scam is emerging on Binance P2P. Here's how it works: The scammer buys USDT from you and sends the payment first. You see the bank transfer and release the cryptocurrency. Later, the scammer initiates a payment reversal through their bank. What's the result? The cryptocurrency is gone, and the money is also recovered. Target victims: Mainly new and inexperienced users. To protect yourself, follow these tips: Only trade with verified buyers. Do not trust SMS or screenshots to confirm payments; always verify through your bank's official app or website.

P2P SCAM ALERT

A new and very dangerous scam is emerging on Binance P2P. Here's how it works:
The scammer buys USDT from you and sends the payment first.
You see the bank transfer and release the cryptocurrency.
Later, the scammer initiates a payment reversal through their bank.
What's the result? The cryptocurrency is gone, and the money is also recovered.
Target victims: Mainly new and inexperienced users.
To protect yourself, follow these tips:
Only trade with verified buyers.
Do not trust SMS or screenshots to confirm payments; always verify through your bank's official app or website.
🚨Breaking News🚨$BTC $ETH $ADA 📈 𝗠𝗮𝗿𝗸𝗲𝘁 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: • Bitcoin (BTC) has jumped to $87,513, 2.97% higher today, with high futures demand and a 6.81% annualized basis rate suggesting positive sentiment. • Ethereum (ETH) is at $1,648, up 3.91%, while altcoins such as BNB, SOL, and XRP are seeing significant gains with renewed interest in Bitcoin's "digital gold" theme. • Cardano (ADA) is displaying bullishness, with experts forecasting the likelihood of a possible 27% price increase as a result of solid technical trends and rising channel structures. 🏛️ 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 & 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝗮𝗹 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁𝘀: • Kraken, one of the largest cryptocurrency exchanges, is restructuring its workforce by removing duplicative positions and merging teams. The action follows its move into mainstream financial markets, such as the $1.5 billion acquisition of Ninja Trader. • USDC issuer Circle will introduce a new payment and cross-border remittance network to expand its financial services portfolio. 🔐 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝘆 & 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲: • A major cryptocurrency exchange, Bybit, experienced a huge security breach where more than $380 million in crypto assets were stolen. The stolen assets have since gone dark, which has raised eyebrows about exchange security. 🇵🇰 𝗟𝗼𝗰𝗮𝗹 𝗦𝗽𝗼𝘁𝗹𝗶𝗴𝗵𝘁: (𝗣𝗮𝗸𝗶𝘀𝘁𝗮𝗻) • Pakistan is considering the sale of excess electricity to aid Bitcoin mining and Al data centers. Negotiations with a number of mining companies are ongoing, which indicates the country's desire to incorporate cryptocurrency activities into its energy sector. {spot}(BTCUSDT) {spot}(ETHUSDT) {spot}(ADAUSDT) #BTCRebound #ETH #ADABullish #pakistanicrypto #SecurityAlert

🚨Breaking News🚨

$BTC $ETH $ADA
📈 𝗠𝗮𝗿𝗸𝗲𝘁 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:
• Bitcoin (BTC) has jumped to $87,513, 2.97% higher today, with high futures demand and a 6.81% annualized basis rate suggesting positive sentiment.
• Ethereum (ETH) is at $1,648, up 3.91%, while altcoins such as BNB, SOL, and XRP are seeing significant gains with renewed interest in Bitcoin's "digital gold" theme.
• Cardano (ADA) is displaying bullishness, with experts forecasting the likelihood of a possible 27% price increase as a result of solid technical trends and rising channel structures.

🏛️ 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 & 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝗮𝗹 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁𝘀:
• Kraken, one of the largest cryptocurrency exchanges, is restructuring its workforce by removing duplicative positions and merging teams. The action follows its move into mainstream financial markets, such as the $1.5 billion acquisition of Ninja Trader.
• USDC issuer Circle will introduce a new payment and cross-border remittance network to expand its financial services portfolio.
🔐 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝘆 & 𝗜𝗻𝗳𝗿𝗮𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲:
• A major cryptocurrency exchange, Bybit, experienced a huge security breach where more than $380 million in crypto assets were stolen. The stolen assets have since gone dark, which has raised eyebrows about exchange security.
🇵🇰 𝗟𝗼𝗰𝗮𝗹 𝗦𝗽𝗼𝘁𝗹𝗶𝗴𝗵𝘁: (𝗣𝗮𝗸𝗶𝘀𝘁𝗮𝗻)
• Pakistan is considering the sale of excess electricity to aid Bitcoin mining and Al data centers. Negotiations with a number of mining companies are ongoing, which indicates the country's desire to incorporate cryptocurrency activities into its energy sector.
#BTCRebound #ETH #ADABullish #pakistanicrypto #SecurityAlert
arun mallodi :
交易路漫漫,策略只从盘面看
The ByBit Heist and the Future of U.S. Crypto RegulationOn February 21, 2025, hackers from North Korea executed the largest cryptocurrency heist in history, stealing $1.5 billion in Ethereum from the Dubai-based exchange ByBit. The attackers exploited a vulnerability in a free storage software tool used by ByBit to move Ethereum—likely combined with phishing attacks to gain access and deploy malware. Within 48 hours, at least $160 million of the stolen assets had already been laundered. Although ByBit does not operate in the U.S., the incident sent shockwaves through the global crypto market, triggering a 20% drop in Bitcoin’s value and reviving concerns around the security of decentralized transactions. North Korean Involvement The Lazarus Group, a North Korean hacking collective known for past high-profile cyberattacks, including the Sony Pictures breach in 2014, is believed to be responsible. This group is linked to the Reconnaissance General Bureau, North Korea’s main intelligence agency, and frequently conducts cybercrimes to fund the country’s nuclear and weapons programs. In 2024 alone, North Korean hackers infiltrated over a dozen crypto companies, often posing as IT professionals to gain internal access. Since 2007, Lazarus Group is estimated to have stolen at least $3.4 billion in cryptocurrency. The group's tactics range from exploiting zero-day vulnerabilities to sophisticated social engineering schemes. One recurring strategy involves impersonating recruiters on platforms like LinkedIn to manipulate security researchers into downloading malicious software. As global sanctions increasingly isolate North Korea, crypto theft has emerged as a low-risk, high-reward alternative funding source, with decentralized systems offering cover from traditional law enforcement. How the Hack Happened The breach occurred during a transaction signed off by ByBit’s CEO, which was intercepted and altered by hackers to redirect funds into their own wallet. The exploit took place during a transfer between cold and hot wallets—cold wallets being offline storage intended for added security, and hot wallets being connected to the internet. The vulnerability lay in Safe Wallet, an open-source software integrated into ByBit’s multisignature transaction system. Hackers injected malicious code into the frontend interface, making fraudulent transactions appear legitimate. Although multisig and cold wallets are generally considered secure, this incident revealed critical flaws in implementation and oversight. ByBit reportedly continued using the wallet software despite knowing it conflicted with other security services. The incident has led to renewed scrutiny of third-party services and the importance of transparency and real-time transaction monitoring in digital asset platforms. Law Enforcement Challenges Cryptocurrency’s global scale and semi-anonymous nature present major hurdles for law enforcement. After the ByBit attack, U.S. agencies linked the theft to Lazarus Group and identified Ethereum wallet addresses involved. Still, hundreds of millions were laundered within days, underscoring the limited capacity of law enforcement to act quickly in decentralized environments. Blockchain technology, despite its challenges, offers tools for tracing digital transactions. Public ledgers allow forensic analysts to follow money trails, especially on exchanges that comply with “know your customer” (KYC) laws. Yet, jurisdictional differences in enforcement and identification requirements often obstruct international cooperation, making it easier for criminal groups to evade accountability. There is a growing need for stronger information-sharing mechanisms across borders to support real-time responses to these types of attacks. Why Cryptocurrency is Used for Laundering Criminals favor cryptocurrencies for their pseudonymity and lack of global regulatory standards. Platforms have little incentive to freeze suspicious assets, especially when they can profit from transaction fees. In the ByBit hack, stolen tokens were quickly swapped for Ether, then moved through over 50 wallets to obscure tracking. The funds were later exchanged through platforms like eXch and THORChain—despite ByBit’s appeals to block these transfers—enabling the hackers to launder large sums while the platforms earned revenue from the activity. Implications for U.S. Crypto Policy The U.S. government has prioritized cryptocurrency policy as a key technology initiative. Recent executive orders have established strategic reserves in Bitcoin and other digital assets, while high-level summits have explored regulatory strategies. Despite these efforts, the crypto market has seen recent downturns—Bitcoin dropped from a record high of $109,071 in January amid broader economic uncertainty and concerns about security vulnerabilities. The ByBit attack highlights the need for tighter regulation and improved internal safeguards across the crypto ecosystem. For the U.S. to lead in digital asset innovation, stronger enforcement, reliable compliance systems, and investor protections must be put in place. Building trust in the market will require a balanced approach—fostering innovation while reducing opportunities for exploitation. Ultimately, the growth of digital assets in the U.S. depends on how effectively these challenges are addressed. Ensuring the legitimacy and security of transactions will be key to achieving long-term adoption and stability in the crypto economy. #SecurityAlert #BinanceSquareTalks #BinanceAlphaAlert #ScamWarning #TrendingTopic

The ByBit Heist and the Future of U.S. Crypto Regulation

On February 21, 2025, hackers from North Korea executed the largest cryptocurrency heist in history, stealing $1.5 billion in Ethereum from the Dubai-based exchange ByBit. The attackers exploited a vulnerability in a free storage software tool used by ByBit to move Ethereum—likely combined with phishing attacks to gain access and deploy malware. Within 48 hours, at least $160 million of the stolen assets had already been laundered. Although ByBit does not operate in the U.S., the incident sent shockwaves through the global crypto market, triggering a 20% drop in Bitcoin’s value and reviving concerns around the security of decentralized transactions.

North Korean Involvement

The Lazarus Group, a North Korean hacking collective known for past high-profile cyberattacks, including the Sony Pictures breach in 2014, is believed to be responsible. This group is linked to the Reconnaissance General Bureau, North Korea’s main intelligence agency, and frequently conducts cybercrimes to fund the country’s nuclear and weapons programs. In 2024 alone, North Korean hackers infiltrated over a dozen crypto companies, often posing as IT professionals to gain internal access. Since 2007, Lazarus Group is estimated to have stolen at least $3.4 billion in cryptocurrency.

The group's tactics range from exploiting zero-day vulnerabilities to sophisticated social engineering schemes. One recurring strategy involves impersonating recruiters on platforms like LinkedIn to manipulate security researchers into downloading malicious software. As global sanctions increasingly isolate North Korea, crypto theft has emerged as a low-risk, high-reward alternative funding source, with decentralized systems offering cover from traditional law enforcement.

How the Hack Happened

The breach occurred during a transaction signed off by ByBit’s CEO, which was intercepted and altered by hackers to redirect funds into their own wallet. The exploit took place during a transfer between cold and hot wallets—cold wallets being offline storage intended for added security, and hot wallets being connected to the internet.

The vulnerability lay in Safe Wallet, an open-source software integrated into ByBit’s multisignature transaction system. Hackers injected malicious code into the frontend interface, making fraudulent transactions appear legitimate. Although multisig and cold wallets are generally considered secure, this incident revealed critical flaws in implementation and oversight.

ByBit reportedly continued using the wallet software despite knowing it conflicted with other security services. The incident has led to renewed scrutiny of third-party services and the importance of transparency and real-time transaction monitoring in digital asset platforms.

Law Enforcement Challenges

Cryptocurrency’s global scale and semi-anonymous nature present major hurdles for law enforcement. After the ByBit attack, U.S. agencies linked the theft to Lazarus Group and identified Ethereum wallet addresses involved. Still, hundreds of millions were laundered within days, underscoring the limited capacity of law enforcement to act quickly in decentralized environments.

Blockchain technology, despite its challenges, offers tools for tracing digital transactions. Public ledgers allow forensic analysts to follow money trails, especially on exchanges that comply with “know your customer” (KYC) laws. Yet, jurisdictional differences in enforcement and identification requirements often obstruct international cooperation, making it easier for criminal groups to evade accountability.

There is a growing need for stronger information-sharing mechanisms across borders to support real-time responses to these types of attacks.

Why Cryptocurrency is Used for Laundering

Criminals favor cryptocurrencies for their pseudonymity and lack of global regulatory standards. Platforms have little incentive to freeze suspicious assets, especially when they can profit from transaction fees. In the ByBit hack, stolen tokens were quickly swapped for Ether, then moved through over 50 wallets to obscure tracking. The funds were later exchanged through platforms like eXch and THORChain—despite ByBit’s appeals to block these transfers—enabling the hackers to launder large sums while the platforms earned revenue from the activity.

Implications for U.S. Crypto Policy

The U.S. government has prioritized cryptocurrency policy as a key technology initiative. Recent executive orders have established strategic reserves in Bitcoin and other digital assets, while high-level summits have explored regulatory strategies. Despite these efforts, the crypto market has seen recent downturns—Bitcoin dropped from a record high of $109,071 in January amid broader economic uncertainty and concerns about security vulnerabilities.

The ByBit attack highlights the need for tighter regulation and improved internal safeguards across the crypto ecosystem. For the U.S. to lead in digital asset innovation, stronger enforcement, reliable compliance systems, and investor protections must be put in place. Building trust in the market will require a balanced approach—fostering innovation while reducing opportunities for exploitation.

Ultimately, the growth of digital assets in the U.S. depends on how effectively these challenges are addressed. Ensuring the legitimacy and security of transactions will be key to achieving long-term adoption and stability in the crypto economy.

#SecurityAlert #BinanceSquareTalks #BinanceAlphaAlert #ScamWarning #TrendingTopic
See original
Richard Kim: Founder of "Zero Edge" Arrested on Fraud Charges After Wasting $4.3 Million on Gambling and Trading In a new blow to cryptocurrency investors, authorities have arrested Richard Kim, founder of the "Zero Edge" casino, after discovering his misuse of investors' funds. He lost $4.3 million in online gambling and reckless trading, later admitting to his addiction to financial risk. The project promised its investors a revolutionary system that eliminates the house edge, but Kim turned the funds into massive losses instead of developing the platform. Now, he faces legal penalties while affected individuals try to recover their money. The case serves as a reminder that the promise of quick riches is often a trap, especially in the world of unregulated ventures. Caution is necessary before trusting any project promising unrealistic returns. Do you think incidents like this will decrease people's trust in cryptocurrency projects?#SecurityAlert #Gambling #scamriskwarning #ScamAwareness $SOL
Richard Kim: Founder of "Zero Edge" Arrested on Fraud Charges After Wasting $4.3 Million on Gambling and Trading
In a new blow to cryptocurrency investors, authorities have arrested Richard Kim, founder of the "Zero Edge" casino, after discovering his misuse of investors' funds. He lost $4.3 million in online gambling and reckless trading, later admitting to his addiction to financial risk.
The project promised its investors a revolutionary system that eliminates the house edge, but Kim turned the funds into massive losses instead of developing the platform. Now, he faces legal penalties while affected individuals try to recover their money.
The case serves as a reminder that the promise of quick riches is often a trap, especially in the world of unregulated ventures. Caution is necessary before trusting any project promising unrealistic returns.
Do you think incidents like this will decrease people's trust in cryptocurrency projects?#SecurityAlert #Gambling #scamriskwarning #ScamAwareness $SOL
See original
A vulnerability in Bitcoin and cryptocurrency hardware wallets raises concern. Calmly.#wallet🔥 #SecurityAlert $BTC A defect in the ESP32 chips allows for stealing private keys via Bluetooth or predicting them due to failures in the randomness of key generation. The reiteration by Blockstream occurred because, according to the team behind that company, the "issue has resurfaced." The vulnerability in question was detected in the ESP32 microcontroller, manufactured by Espressif Systems, used in some hardware wallets to store crypto assets, including Jade. At the chip level, they found a security flaw that could compromise users' funds. According to the company that created Jade, this vulnerability does not affect its wallet because it works with a layered approach to entropy.

A vulnerability in Bitcoin and cryptocurrency hardware wallets raises concern. Calmly.

#wallet🔥 #SecurityAlert $BTC
A defect in the ESP32 chips allows for stealing private keys via Bluetooth or predicting them due to failures in the randomness of key generation.
The reiteration by Blockstream occurred because, according to the team behind that company, the "issue has resurfaced." The vulnerability in question was detected in the ESP32 microcontroller, manufactured by Espressif Systems, used in some hardware wallets to store crypto assets, including Jade. At the chip level, they found a security flaw that could compromise users' funds. According to the company that created Jade, this vulnerability does not affect its wallet because it works with a layered approach to entropy.
--
Bullish
Disclaimer - This content is for educational purposes only.🚀🚀🚀 The Binance SAFU (Secure Asset Fund for Users) is an emergency insurance fund established in July 2018. Binance allocates 10% of all trading fees to SAFU to protect users in extreme situations like security breaches. Valued at $1 billion in USDC as of April 2024, the funds are held in cold wallets. SAFU underscores Binance's commitment to user security and trust within the crypto ecosystem. #safu #SecurityAlert $BTC {spot}(BTCUSDT)
Disclaimer - This content is for educational purposes only.🚀🚀🚀
The Binance SAFU (Secure Asset Fund for Users) is an emergency insurance fund established in July 2018. Binance allocates 10% of all trading fees to SAFU to protect users in extreme situations like security breaches. Valued at $1 billion in USDC as of April 2024, the funds are held in cold wallets. SAFU underscores Binance's commitment to user security and trust within the crypto ecosystem.
#safu #SecurityAlert $BTC
🚨 Adam Back Blames Ethereum After Bybit $1.4 Billion Hack 🚨 The recent $1.4 billion hack of crypto exchange Bybit has sparked intense debate in the crypto community. Blockstream founder Adam Back blames the Ethereum Virtual Machine (EVM), arguing its vulnerabilities are the primary cause. According to Back, Ethereum-based smart contracts are too easy to exploit, making platforms built on them attractive targets for hackers. 🔥 Security comes first when choosing a crypto exchange! According to recent rankings, the top three safest exchanges today are: 🥇 Binance – Leader in liquidity and security. 🥈 Coinbase – Highly regulated and trusted platform. 🥉 WhiteBIT – Reliable, transparent, and a European market favorite. The Bybit incident raises critical questions: 🔸 Should Ethereum rethink its approach to smart contract security? 🔸 How can users better protect their crypto assets? #BybitSecurityBreach #SecurityAlert #bybit
🚨 Adam Back Blames Ethereum After Bybit $1.4 Billion Hack 🚨

The recent $1.4 billion hack of crypto exchange Bybit has sparked intense debate in the crypto community. Blockstream founder Adam Back blames the Ethereum Virtual Machine (EVM), arguing its vulnerabilities are the primary cause. According to Back, Ethereum-based smart contracts are too easy to exploit, making platforms built on them attractive targets for hackers.

🔥 Security comes first when choosing a crypto exchange!
According to recent rankings, the top three safest exchanges today are:
🥇 Binance – Leader in liquidity and security.
🥈 Coinbase – Highly regulated and trusted platform.
🥉 WhiteBIT – Reliable, transparent, and a European market favorite.

The Bybit incident raises critical questions:
🔸 Should Ethereum rethink its approach to smart contract security?
🔸 How can users better protect their crypto assets?
#BybitSecurityBreach #SecurityAlert #bybit
--
Bearish
🚨‼️Pakistani Crypto Trader Kidnapped: A Cautionary Tale💸🤑 A well-known crypto trader in Pakistan, Mohammed Arsalan, was kidnapped and forced to pay a staggering $340,000 in digital assets for his freedom 📈😱 _The Kidnapping Incident 🚨_ Arsalan was lured into a meeting with individuals posing as potential business partners 🤝. However, things took a dark turn when they demanded a ransom in cryptocurrency 💸. _The Ransom Demand 💸_ The kidnappers demanded $340,000 in digital assets, taking advantage of the untraceable nature of crypto transactions 📊. Arsalan's family, fearing for his life, complied with the demand and transferred the funds to secure his release. _The Aftermath 🙏_ Fortunately, Arsalan was released unharmed 🙌. However, the incident has sparked concerns about the safety of individuals dealing with substantial digital assets in Pakistan. _Safety Tips for Crypto Enthusiasts 📝_ 1️⃣ _Stay Anonymous_: Avoid revealing details about your crypto holdings publicly 🤐. 2️⃣ _Enhance Security_: Use cold wallets and enable multi-factor authentication to protect your assets 🔒. 3️⃣ _Meet in Safe Locations_: Conduct business meetings in secure, public spaces to reduce risk 📍. 4️⃣ _Be Cautious_: Be wary of deals or individuals that seem too good to be true 🚫Stay Safe in the Crypto Space 🚀_ Remember, the world of cryptocurrency offers great opportunities, but it's essential to prioritize safety and security 🔒. What's your opinion tell me in the comments section below 👇👇 Note:- If you like my articles or posts then follow me Thank you 😉❣️ Disclaimer:This article is for informational purposes only. Always conduct independent research and consult with a financial advisor before investing in any crypto currency. Crypto currencies are inherently volatile, and investments carry risks.I am not a financial advisor do your own research search before investing in any crypto currencies #Binance #BinanceSquareFamily #BinanceSquare #pakistanicrypto #SecurityAlert $XRP {spot}(XRPUSDT)
🚨‼️Pakistani Crypto Trader Kidnapped: A Cautionary Tale💸🤑

A well-known crypto trader in Pakistan, Mohammed Arsalan, was kidnapped and forced to pay a staggering $340,000 in digital assets for his freedom 📈😱

_The Kidnapping Incident 🚨_
Arsalan was lured into a meeting with individuals posing as potential business partners 🤝. However, things took a dark turn when they demanded a ransom in cryptocurrency 💸.

_The Ransom Demand 💸_
The kidnappers demanded $340,000 in digital assets, taking advantage of the untraceable nature of crypto transactions 📊. Arsalan's family, fearing for his life, complied with the demand and transferred the funds to secure his release.

_The Aftermath 🙏_
Fortunately, Arsalan was released unharmed 🙌. However, the incident has sparked concerns about the safety of individuals dealing with substantial digital assets in Pakistan.

_Safety Tips for Crypto Enthusiasts 📝_
1️⃣ _Stay Anonymous_: Avoid revealing details about your crypto holdings publicly 🤐.
2️⃣ _Enhance Security_: Use cold wallets and enable multi-factor authentication to protect your assets 🔒.
3️⃣ _Meet in Safe Locations_: Conduct business meetings in secure, public spaces to reduce risk 📍.
4️⃣ _Be Cautious_: Be wary of deals or individuals that seem too good to be true

🚫Stay Safe in the Crypto Space 🚀_

Remember, the world of cryptocurrency offers great opportunities, but it's essential to prioritize safety and security 🔒.

What's your opinion tell me in the comments section below 👇👇

Note:- If you like my articles or posts then follow me Thank you 😉❣️

Disclaimer:This article is for informational purposes only. Always conduct independent research and consult with a financial advisor before investing in any crypto currency. Crypto currencies are inherently volatile, and investments carry risks.I am not a financial advisor do your own research search before investing in any crypto currencies

#Binance #BinanceSquareFamily #BinanceSquare #pakistanicrypto #SecurityAlert $XRP
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number