Scam Alert

Not Only FTX, Binance US, But Even Coinbase US Were Also Attacked By Knock-on Transactions

Recently, there have been frequent incidents of hacking and theft by cryptocurrency exchanges. Following such exchanges as FTX, Binance US, and Bittrex, users’ API KEYs were leaked, and they were attacked by knock-on transactions. The most recent victim was a user of Coinbase US.
Not Only FTX, Binance US, But Even Coinbase US Were Also Attacked By Knock-on Transactions 2

Wu Blockchain reported that after FTX and other exchanges successively leaked user API KEYs and stolen money from knock-on transactions, an American user said that Coinbase also had a similar problem, and his account suddenly traded on October 22. Small coins such as RLY, QSP, FOX, FIS, MCO2, etc., were stolen for about $7,700.

The US user mentioned that he did not use the automated program trading service 3Commas. In this regard, Coinbase stated that it could not handle it and recommended that users contact law enforcement agencies. Those users who authorize API KEY to interact with trading robots need to pay special attention to such risks.

Earlier, an FTX user was suspected of leaking the API KEY of the exchange account on the fake 3Commas website. Later, there were sporadic cases of users being phished.

After the joint investigation by 3Commas and FTX, 3Commas issued an announcement stating that the attackers were suspected of using phishing to trick users into registering on fake websites to obtain API KEYs and then attack.

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.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Gate.io Shatters Records in Total Trading Volume in Q3 2024, with Its User Base Surpassing 17 Million

In the third quarter of 2024, despite a challenging market environment, Gate.io maintained strong growth…

17 mins ago

MEXC Champions the Future of Crypto Content Creation at CCCC

MEXC is proud to partner with the inaugural Crypto Content Creator Campus CCCC event, taking…

17 mins ago

Dtec Announces Global Partnership with DİZAYNVIP to Elevate AI-Driven Mobility Design  

Dtec and DİZAYNVIP partner to merge AI technology with luxury vehicle design, revolutionizing smart mobility…

1 hour ago

Bitcoin Spot ETF Outflows Reach Second Highest in History

Bitcoin Spot ETF Outflows hit $541M on November 4, the second-highest single-day outflow in history.…

5 hours ago

PropiChain’s Token Presale Turns Heads as the First DeFi Platform to Merge NFTs with AI 

The hype around PropiChain’s token presale is due to its innovative integration of NFTs and…

8 hours ago

UK Pension Fund Cartwright Encourages 3% Allocation to Bitcoin Investment

UK pension fund Cartwright advised the country's first defined benefit pension fund to allocate 3%…

10 hours ago

This website uses cookies.