A newly disclosed security flaw in iOS is raising serious alarm among cryptocurrency users on iPhones, and what makes the situation especially troubling is that the patch has not arrived yet.

Binance was among the first major platforms to issue a public warning, and what researchers are saying about the vulnerability’s current status is not reassuring.

Binance Warns Against iOS Vulnerability on Crypto

Binance posted a warning on its official X account , alerting iPhone users to a security vulnerability tracked as “worse_query,” describing it as a flaw that allows malicious apps to read local files stored by other apps on the same device. The concern for cryptocurrency holders is direct: seed phrases, private keys, and login credentials…