Binance US And Bittrex Exchanges Also Hacked Due To Leaking API Keys Like FTX

X-explore discovered that the attackers in the FTX & 3commas API heist also hit the Binance US and Bittrex exchanges, stealing 1053ETH and 301ETH respectively. Currently the Bittrex attack is still going on and is suspected of using the NXT/BTC trading pair to attack.

According to research by @x_explore_eth, due to the API KEY leak, in addition to FTX users losing millions of dollars due to the hack, the Binance US exchange and Bittres also suffered a similar attack.

Binance US was also attacked similarly, 1053 ETH was stolen, SYS/USD pair was used for contra trading. The attack occurred between October 13 and October 17.

And the attack against Bittrex, 301 ETH was stolen, NXT/BTC pair was used.  The attack occurred between October 23 and October 24.

In the spot trading volume ranking currently displayed on BITTREX, NXT Token ranks second. This currency is only listed on BITTREX and Poloniex, and there is basically little trading volume before October 23. According to the research, currently the Bittrex attack is still going on and is suspected of using the NXT/BTC trading pair to attack.

When FTX’s DMG/USD attack occurred, the trading volume increased by 1,000 times and the coin price fluctuated 2-3 times, which was a large unusual trading event, but FTX did not stop it immediately. That is, other exchanges should pay more attention to this as well.

As updated in an earlier Coincu News article, on October 21st, a Twitter user claims that his FTX account was stolen on October 19, and he lost $1.6 million through API interface in the DMG/USD trading pair.

On October 24th, FTX founder SBF tweeted that FTX will provide about $6 million in compensation to account holders affected by the phishing incident and posted 3 attacker addresses. FTX also confirmed that this is the only time the exchange will compensate victims and will not do this in the future because this is an error caused by users accessing fraudulent links.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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