Binance Creates Tool to Help Users Protect Against SMS Phishing

Thanks to the new anti-phishing SMS codes that Binance is implementing in phases around the world, an additional layer of security is offered to help verify the authenticity of messages with a custom and easily recognizable code. Security is never enough. According to the latest Crime Crypto 2025 Report by Chainalysis, a company specializing in blockchain analysis, illicit transactions with cryptocurrencies decreased from 0.63% in 2023 to 0.14% …

Security is never enough. According to the latest 2025 Crypto Crime Report from Chainalysis, a blockchain analysis firm, illicit cryptocurrency transactions decreased from 0.63% in 2023 to 0.14% of the total transacted in 2024. Despite the significant drop, Binance warns that it is important for users to remain vigilant and utilize the tools available to protect their digital assets. Curbing criminal activity contributes to creating a secure dig…