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

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