According to Richard Teng, scammers are impersonating official Binance support to deceive users into sending face videos or scanning malicious QR codes, which can compromise account access and lead to crypto asset theft. Binance urges traders to remain vigilant, report suspicious activity, and avoid sharing sensitive information to protect holdings on the platform. This security threat highlights the importance of stringent authentication practices for all crypto traders seeking to safeguard their digital assets (Source: Richard Teng on Twitter, Binance Security Blog).

According to Eric Cryptoman, $HIPPO has successfully reversed the entire dump caused by the alleged scam involving Wintermute Trading and Binance, and is now trading at a higher price. This recovery suggests a potential cycle bottom for the $SUI meme coin, indicating a strong upward momentum in the market.