Binance cofounder Yi He warns users against fake reward campaigns

Binance cofounder Yi He has alerted the cryptocurrency community to unauthorized reward campaigns and phishing links that are targeting exchange users.

FTMQ Crypto, written by our newsroom2 November 2026 at 00:060 views

Binance cofounder Yi He has issued a safety warning to the cryptocurrency community regarding fraudulent activities targeting platform users, UToday Crypto News reported on November 1, 2026. Fake reward campaigns and unauthorized phishing links are currently circulating across online channels. [1]

According to UToday Crypto News, there are currently no official Binance cash vouchers available. The outlet reported that exchange users are being urged to remain vigilant against fraud and to avoid clicking on unauthorized campaign links claiming to offer rewards. [1]

The warning follows broader security concerns across the cryptocurrency industry. CryptoRank reported on October 31, 2026, that digital asset exchanges have been strengthening their security measures following a 6.3 billion dollar Binance hack, with exchange platform OKX calling for the implementation of real-time security alerts. [2]

Binance cofounder Yi He issued a safety warning regarding fake reward campaigns and phishing links.
UToday Crypto News reported that no official Binance cash vouchers are currently available.
CryptoRank reported that cryptocurrency exchanges strengthened security following a $6.3 billion Binance hack.

Sources

Every paragraph above points to the numbered items it rests on. Read the originals here.

[1]Binance Alerts Users to Fake Reward Campaigns Without ApprovalUToday Crypto News, 2d ago (the report this story comes from)
[2]Crypto Exchanges Strengthen Security After $6.3B Binance Hack as OKX Calls for Real-Time AlertsCryptoRank, 3d ago
[3]Binance Alerts Users to Fake Reward Campaigns Without ApprovalU.Today, 2d ago

Background

[4]Russian interference in the 2016 United States elections on Wikipedia
[5]Bybit on Wikipedia

Our newsroom writes these reports with the help of software, from the 5 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.

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