Binance: Will apply for a reward as a return for a user reporting a loss of 1 million dollars due to a malicious plugin

ChainCatcher news, Twitter user @CryptoNakamao has issued a correction and explanation regarding the incident where a malicious plugin led to the hijacking of web cookies, resulting in a loss of $1 million. It states that Binance was indeed unaware of this plugin beforehand, and the KOL is not an undercover agent for Binance.

Binance responded by expressing regret over the user's experience and thanked them for helping to clarify the misunderstanding about Binance in the previous tweet. Previously, Binance had already established a reward mechanism through its "bug bounty program" to encourage community members to report potential vulnerabilities, raise awareness of potential threats, and help Binance identify issues earlier. The user's experience serves as a reminder and helps Binance see better optimization and upgrade opportunities, so a reward will be applied for them as a token of appreciation.

Binance's risk control and security team will continue to investigate such incidents. Currently, they have implemented a dual confirmation system combining sudden price fluctuation alerts with big data analysis, and will also increase user notifications. Binance will continue to invest in concrete actions to protect user asset security.