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Binance Wallet Saves Users from $540 Million in Potential Losses in H1

2026-09-07 13:47

Odaily News: Binance stated that in the first half of 2026, the Binance Wallet Security Center helped users avoid approximately $540 million in potential losses, filtering about 206 million spam transfers, identifying 4.93 million high-risk transactions, and approximately 996,000 malicious authorizations during the period. Binance noted that AI is being used by attackers to mass-generate malicious code, phishing websites, and fake identities, shifting attacks from broad-based approaches to more targeted fraud.