Binance has warned iPhone users about a security vulnerability called “worse_query” that could allow malicious apps to access files belonging to other applications, potentially exposing crypto wallet credentials.

The vulnerability affects certain iOS versions and could put locally stored recovery phrases, private keys and passwords at risk. Binance recommends removing untrusted or sideloaded apps and updating iOS to the latest version.

Users who believe their wallet credentials may have been exposed should create a new wallet on a clean device and move their funds

My take: With the advancement of AI, we're seeing more and more security vulnerabilities being uncovered on a daily basis. This also means that crypto platforms aren't necessarily safe just because they have strong security themselves. As this case shows, vulnerabilities in other systems, such as iOS, can also put crypto users at risk.

And this isn't limited to crypto. It's a much bigger problem across the entire tech industry. Almost anything exposed to the public can have security vulnerabilities, and they're being discovered faster than ever. Of course, there are plenty of bad actors out there who are ready to take advantage of these vulnerabilities and exploit whatever systems they can.