Cryptocurrency exchanges are facing increased phishing attacks, raising concerns about user safety. Binance CEO Changpeng Zhao (CZ) has issued a warning, urging users to exercise caution and avoid sharing their passwords with anyone. This follows a recent attack on Coinbase, where hackers demanded $20 million in ransom and threatened to expose sensitive user data. CZ emphasized the need for heightened security measures across all platforms. His advice aligns with previous phishing attacks in the crypto space, highlighting the vulnerability of digital assets to malicious schemes. Users are advised to avoid suspicious emails, use strong passwords and two-factor authentication, and verify legitimacy before sharing any personal information online. This comes as a major reminder for users that security is paramount in the ever-evolving world of cryptocurrency.