Large Number Of Altcoins On Binance Affected By 3Commas API Key Leak

A large number of altcoins were contra-traded in Binance. It seems that some users’ API KEY has been stolen by hackers and related to 3Commas. Currently, 3Commas is actively investigating and says this is most likely the result of a scam.

This morning, it was discovered that a large number of altcoins including OM / AMP / NEXO / POLS / SUN / ARDR / BIFI / XVS / ARK / LOOM / OSMO were contrarian trading on Binance. This incident is also believed to stem from the leaked 3Commas API key making the attack possible.

This was the case in October when users of Binance, OKX, FTX, and several other exchanges encountered unauthorized transactions made through API keys.

As was updated in an earlier Coincu News article, A way of stealing APIs and transferring funds through small trading pairs is becoming a threat. A user suddenly discovered that his FTX account, with more than 5,000 transactions and $1.6 million worth of assets, had disappeared. That includes more than 10 BTC, hundreds of ETH and thousands of FTT, and more, all stolen by trading small currency DMG pairs.

This time, 3Commas admitted their API keys were stolen and said they are working closely with the Binance team and agreed that old keys that have not been used for more than 3 months will be revoked. 3Commas says this is most likely the result of a scam.

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