• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Binance Dismisses Claims of 12.8 Million User Data Leak

user avatar

by Giorgi Kostiuk

a year ago


  1. Alarming Claims
  2. Necessary Caution
  3. Security as a Priority

  4. In response to recent rumors about a supposed leak of personal data of 12.8 million Binance users, the crypto exchange has denied this information. The incident raised concerns among users and attracted the attention of cybersecurity experts.

    Alarming Claims

    A recent dark web post claimed that the personal data of Binance users had been compromised. A user named 'FireBear' claimed to sell information containing names, email addresses, phone numbers, and physical addresses. The sale of data allegedly began in August. However, Binance representatives categorically denied these claims. According to a company spokesperson, their security team thoroughly investigated the matter and found no evidence of data leakage.

    Necessary Caution

    Despite Binance's refutations, cybersecurity experts continue to urge caution. Even fake leaks can trigger phishing attacks and other malicious activities. Blockaid researcher Oz Tamir emphasized that such incidents could precede broader scams, reminding users of the need to enable two-factor authentication and be cautious of suspicious messages. Nym Technologies CEO Harry Halpin also noted the risks of storing user data, suggesting cryptographic solutions to avoid such situations.

    Security as a Priority

    Regardless of doubts about the leak's authenticity, Binance's reputation for security remains high. Experts like Luciano Ciattaglia from Hacken have expressed confidence in Binance's multi-layered protection for user data. Nevertheless, this incident serves as a reminder of the importance of proactive cybersecurity measures. Despite the exchange's firm denial of the data breach, users are advised to update their passwords, enable two-factor authentication, and remain vigilant against phishing attacks. Ensuring the security of personal information remains important even when threats turn out to be false.

    While Binance asserts that there was no data leak, this incident once again underscores the importance of being cautious about online security. Users are recommended to regularly update passwords and use additional protection measures to prevent potential threats.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Uniswap Faces Challenges as DeFi Market Sentiment Shifts

chest

Uniswap faces renewed pressure after failing to sustain its earlier breakout, with its price now trading closer to the 390 area following a sharp pullback.

user avatarKenji Takahashi

Long-Term Projections for Litecoin Indicate Growth

chest

Long-term projections for Litecoin from 2026 to 2032 indicate a sharply rising price curve, with estimates suggesting it could reach four-digit prices by 2031 and 2032.

user avatarMiguel Rodriguez

Velo Develops Infrastructure for Multi-Asset Settlement

chest

Velo is building a payment infrastructure that could serve as an interoperability layer between Western and Eastern payment systems.

user avatarMaria Fernandez

BRICS Pay Framework Utilizes USDT as Temporary Bridge

chest

The BRICS Pay framework is treating USDT as a temporary solution while developing more permanent settlement alternatives.

user avatarGustavo Mendoza

TRON Price Operates Inside Limited Boundaries

chest

TRON's price is currently operating around 0.309, showing steadiness against alternative assets, but upward advancement remains restricted.

user avatarMaria Gutierrez

Implications for Crypto Platforms Following EU Warnings

chest

The compliance warnings issued by the EU will lead to increased regulatory pressures on crypto platforms managing user data.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.