Litecoin users on Binance fell victim to a dusting attack-here's how to prevent it from happening to you

Litecoin users on Binance fell victim to a large scale dust attack earlier this week, alarming the crypto community about this new type of malicious attack.

Are all types of malicious attacks crypto users have already become accustomed to.

These types of attacks are a relatively new kind of malicious activity that aims to deanonymize the privacy of cryptocurrency users.

According to Binance Academy, attackers send tiny amounts of tokens, or dust, to dozens, or even hundreds of users.

While dusting attacks were originally focused only on Bitcoin addresses, Litecoin users on Binance have also fallen victim to this type of attack.

While dusting attacks shouldn't be shrugged off, they aren't that big of a danger.

If a user doesn't move the small amount of dust he receives, then the whole attack is useless.

Users keeping their funds in hot storage should take steps to protect themselves from dusting, as the relatively innocuous attack could potentially do a lot of damage if unnoticed.

For Litecoin users, he recommended using applications such as Lightning Network or CoinJoin on top of the Litecoin blockchain.

Any coins kept in hot storage are at risk from dusting, as only users that hold their funds in offline wallets can be sure that they're completely dust-free.