Crypto
Binance Shields Users from $540M in Losses with Advanced Wallet Security
The first half of 2026 saw Binance's Wallet Security Center shield users from potential losses totaling approximately $540 million, according to the company.
This is a significant figure, with the system filtering around 206 million spam transfers and detecting nearly 4.93 million high-risk transactions across 19 networks.
The tool operates in real-time and acts at every stage of the attack chain, from the moment a user opens a link or signs a transaction to receiving an unknown token.
Criminals are increasingly using AI to generate harmful code, forge executive identities through deepfakes, and launch phishing sites at near-zero cost.