[Digital Today reporter Choi Jae-won] Global cryptocurrency exchange Binance said text-message phishing that impersonates its security notifications, known as smishing, is increasing and urged users to be cautious. The tactic creates anxiety by making it seem like there is a problem with an account, then lures users to a fake site to steal account access or assets.

U.Today reported on Wednesday that Binance said attacks using false security-warning texts targeting cryptocurrency users have been rising recently. Hackers dress messages up to look like legitimate Binance alerts, tricking users with claims such as "account settings have been changed" or "a suspicious login has been detected."

Such texts often include a shortened URL along with language urging users to immediately check or protect their accounts. A key feature is time pressure to get users to click before they can verify authenticity. Following the link can lead to a fake site resembling the Binance login page, where account or authentication information can be stolen.

Binance stressed: "We do not ask you to authenticate or protect your account by clicking links in text messages." If you receive an unexpected security-related text, it is safer not to click the link directly and instead check separately through the official Binance app or website.

As an additional defense, it recommended using a withdrawal address whitelist. If enabled, cryptocurrency can be withdrawn only to wallet addresses registered in advance, reducing the risk that assets are sent to arbitrary addresses even if an account is compromised.

Users can also use an anti-phishing code. The function displays a unique code set in advance by the user in legitimate Binance emails and SMS, and users can suspect a fake message if the code is missing or does not match.

In closing, Binance urged users: "Since cryptocurrency account takeovers can start with a single link click, the more a text emphasizes urgency, the more you should verify it directly through official channels."

Phishing texts often look like urgent account alerts, but their goal is simple: get you to click before you think. Learn the common warning signs and take 3 practical steps to better protect your account https://t.co/g9c5h5HxtV