Fake Tokens: How to Identify and Avoid Them
October 21, 2024
A fake token attack is a type of cryptocurrency scam where malicious actors create counterfeit or fraudulent tokens that mimic legitimate cryptocurrencies. These fake tokens are designed to deceive investors and traders into believing they…
Protect Your Crypto: Understanding the Ongoing Global Malware Attacks and What We Are Doing to Stop Them
October 15, 2024
We have identified a global malware issue that is significantly impacting cryptocurrency transactions by altering withdrawal addresses during the transaction process. This type of malicious software, often referred to as “Clipper malware,” intercepts data stored…
How to Avoid and Report Fake Service Scams
October 7, 2024
Scammers in the crypto space are always looking to exploit some users’ lack of awareness and vigilance. The irreversible nature of blockchain transactions makes falling victim to such scams especially painful, making continuous education on…
Are cryptocurrencies the key to Ghana’s sustained economic recovery?
October 3, 2024
By Yande Nomvete, Operations Manager for Binance In recent months, Ghana has been on a gradual, but steady, path to economic recovery. It’s a positive trend that has citizens looking forward to a more stable…
Binance Users in Ghana, Tanzania, Uganda, and Zambia Can Now Buy Crypto With Mobile money
August 23, 2024
Binance has today announced that users in Ghana, Tanzania, Uganda, and Zambia can now buy and sell crypto assets using mobile money. With the introduction of Binance’s One Click Buy and Sell (OCBS) feature, users can…
Binance Has Prevented $2.4 Billion in Potential User Losses in 2024 So Far
August 21, 2024
Binance has announced that from January to July 2024, it prevented over $2.4 billion in losses from potential scams and fraudulent activities that could have impacted more than 1.2 million users. This achievement is the result of Binance’s…
Navigating Privacy Concerns in Crypto Wallet Apps
June 18, 2024
The cryptocurrency market has experienced significant growth in recent years, with more and more people becoming interested in investing in digital assets. However, with the rise of crypto wallet apps, concerns about privacy and security…
Binance Leads Recovery of Millions of Euros Stolen in Gambling Platform Scam as FIOD Arrests Suspect
May 9, 2024
Binance’s number one commitment is to protect users and help keep the ecosystem safe from bad actors. Recently, Binance’s Investigations team worked with The Fiscal Information and Investigation Service (FIOD), an agency of the government…
Could FSCA licenses be the growth catalyst crypto needs in SA?
April 25, 2024
By Samukele Mkhize, Country Compliance Head/MLRO South Africa for Binance As a global leader in the cryptocurrency industry, Binance recognises the significance of the South African Financial Sector Conduct Authority’s (FSCA) recent decision to include…