Image by Marco Verch, from CcNull
Binance Warns Of ‘Clipper Malware’ Targeting Crypto Users
- Written by Kiara Fabbri Former Tech News Writer
- Fact-Checked by Justyn Newman Former Lead Cybersecurity Editor
Binance has issued an alert on Friday about a growing malware threat known as “Clipper malware,” which is targeting cryptocurrency users and causing significant financial losses.
The malware works by altering wallet addresses during transactions, leading victims to unknowingly send cryptocurrency to an attacker’s wallet.
In a blog post Binance explains that the malware intercepts data copied to the clipboard and replaces legitimate wallet addresses with those controlled by attackers. Users typically copy and paste wallet addresses during cryptocurrency transfers, and if they fail to notice the altered address, their funds are sent to the wrong recipient.
Binance has observed a noticeable increase in such incidents, particularly since August 27, 2024. The malware is primarily spread through unofficial apps and plugins, with Android users being particularly vulnerable.
However, iOS users are also at risk. Many unsuspecting victims download the malware while searching for software in their local languages or through unapproved sources.
These threats highlight a persistent problem within the crypto industry. The FBI recently reported that crypto investors lost $5.6 billion to scams and hacks in 2023.
Adding to the concern, the alert follows a recent report from the Federal Trade Commission, released last week, which highlighted an increase in fraud at Bitcoin ATMs . On top of this, ransomware attacks are on the rise , with active groups increasing by 56% in 2024.
In response, Binance’s security team has implemented several countermeasures. They have blacklisted suspicious wallet addresses to prevent further fraudulent transactions and notified affected users about the malware.
Binance also urges users to report incidents to help them identify and analyze the specific apps and plugins involved in the attacks.
To protect themselves, Binance advises users to verify the authenticity of any apps or plugins they download, double-check wallet addresses before making transactions, and ensure they have reliable security software installed on their devices.
Regular updates to security software are essential in guarding against evolving threats like Clipper malware.
This alert serves as a reminder of the risks inherent in cryptocurrency transactions and highlights the importance of taking proactive steps to safeguard digital assets.
Image from Freepik
Uber And Waymo Partner To Launch Robotaxis In Austin And Atlanta In 2025
- Written by Kiara Fabbri Former Tech News Writer
- Fact-Checked by Justyn Newman Former Lead Cybersecurity Editor
Uber announced today that, starting in early 2025, users in Austin and Atlanta will be able to request Waymo robotaxis through the Uber app, as part of an expanded partnership between the two companies .
Uber will manage fleet operations, such as dispatch, cleaning, repairs, and general maintenance. Meanwhile, Waymo will focus on autonomous technology, overseeing testing, roadside assistance, and essential support functions.
This initiative builds on their previous efforts in Phoenix, where Waymo’s autonomous vehicles have already provided rides to tens of thousands. In April, Uber Eats also began using Waymo’s self-driving cars for food deliveries within Waymo’s 225+ square mile service area in Phoenix.
Meanwhile, Waymo co-CEO Tekedra Mawakana emphasizes the company’s commitment to expanding their service, stating , “Waymo’s mission is to be the world’s most trusted driver, and we’re excited to launch this expanded network and operations partnership with Uber.”
While this partnership represents a significant step forward for autonomous vehicles, it also comes amid growing concerns about the technology’s safety and impact on jobs.
Axios Austin (AA) reports that six complaints have been filed against Waymo, according to a city site tracking autonomous vehicle incidents . These include one classified as a “safety concern,” four as “nuisance,” and one as a “near miss.”
Additionally, in May, investigators identified 22 incidents where Waymo’s self-driving cars were either “the sole vehicle involved in a collision” or exhibited driving behavior that might have violated traffic safety laws, as reported by AA.
AA also notes that a 2017 state law , supported by car companies, prevents Texas cities from regulating self-driving cars.
Self-driving vehicles have both impressed and unsettled people worldwide , raising concerns job impacts. As robotaxis become more common, it will be important to address these concerns and ensure that the technology is developed and deployed responsibly.
