Binance Wallet security center helped avert $540 million in potential losses

  • Binance Wallet's security center helped users avoid potential losses during the first half of 2026.
  • 206 million spam transfers were filtered, while 4.93 million high-risk transactions were identified.
  • Binance said attackers increasingly use AI-generated code, phishing sites and false identities.

Binance Wallet's security center helped users avoid about $540 million in potential losses during the first half of 2026 through real-time risk interception. It filtered about 206 million spam transfers affecting 2.6 million users, identified roughly 4.93 million high-risk transactions across 19 blockchains, and detected about 996,000 malicious authorizations. Binance said attackers are using AI to mass-produce malicious code, phishing websites and fake identities, with new malicious entities nearly tripling sequentially as fraud shifts toward more targeted approaches. The company said its security systems are using AI to assess the behavioral logic and risk intent of tokens and websites, including attacks that allow users to buy but prevent them from selling and those containing hidden backdoors. Users should verify transaction details before signing and regularly scan authorizations and assets through the Binance Wallet security center.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.