Cointime

Download App
iOS & Android

Binance Warns About 3Commas API Leak, Says Users Should Disable API Keys

Binance CEO Changpeng Zhao said he's "reasonably sure" there were "wide spread API key leaks" from trading-bot platform 3Commas after fresh speculation about an October incident emerged on social media on Wednesday.

"I strongly believe @tier10k is correct here," he wrote on Twitter, referring to a post from a user that said an API leak had been published. "If you have ever put an API key in 3Commas (from any exchange), please disable it immediately." 

Now, 3Commas CEO Yuriy Sorokin has confirmed the leak, addin that no proof was found that the leak was an inside job.

1. Statement from 3Commas:We saw the hacker’s message and can confirm that the data in the files is true. As an immediate action, we have asked that Binance, Kucoin, and other supported exchanges revoke all the keys that were connected to 3Commas.

2. We did everything that we could to investigate an inside job, as it was always a possible scenario and on our watch list, but proof of an inside job was not found.

3. Only a small number of technical employees had access to the infrastructure and we have taken action since November 19 to remove their access.

4. Since then, we have implemented new security measures and will not stop there; we are launching a full investigation involving law enforcement.

We are sorry that this has gotten so far and will continue to be transparent in our communications around the situation.

Related News:

Anonymous Twitter User Leaks Alleged 3Commas API Database

3Commas API Dispute Highlights Risks of Algorithmic Trading

3Commas Announced Update on Investigation Into API Keys and Attacks on Exchanges

3Commas Denies Accusations of Leaking API Data Resulting in $14.8M in ‘Unauthorized Trades’

Comments

All Comments

Recommended for you

  • Cointime August 11st News Express

    1.Fed Governor Bowman: Be cautious about rate cuts
  • Cointime August 4 News Express

    1.Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX
  • Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX

    According to the monitoring of on-chain analyst Yu Jin, Jump Trading may be selling ETH: they are currently redeeming a wstETH (120,000 pieces) worth $410 million in batches into ETH and then transferring it to exchanges such as Binance/OKX. So far, they have unpacked and redeemed 83,000 wstETH into 97,500 ETH in the 9 days since July 25. Among them, 66,000 ETH (191.4 million US dollars) have entered the exchange.At present, there are still 37,600 wstETH in their wstETH storage address that have not been transferred out; 11,500 stETH in the redemption ETH address is being redeemed into ETH; and 20,000 ETH in the ETH transfer address to the exchange are waiting to enter the exchange in batches.
  • Trump team files complaint over Harris inheriting $96 million in Biden campaign funds

    According to reports from foreign media, the Trump campaign team has filed a complaint with the Federal Election Commission, claiming that Biden's transfer of $96 million in campaign funds to Harris is illegal. David Warrington, a lawyer for the Trump campaign team, said that this was a "shameless money-grabbing act" and would constitute the largest excessive donation and most serious violation in the history of the Federal Election Law. Shortly after Biden withdrew from the election and appointed Harris as his preferred successor, she took over Biden's campaign committee's bank account. Steve Roberts, a lawyer who represented Republican candidates, said that the argument against the transfer was a "wishful thinking" of his Republican colleagues. The Harris campaign team said that this complaint would not affect its fundraising or spending.
  • Donald Trump Plans to Release Fourth NFT Collection, Embraces Crypto Industry

    Former US President Donald Trump is reportedly planning to release a fourth NFT collection, as he continues to embrace the crypto industry. In a recent interview with Bloomberg Businessweek, Trump stated that his previous NFT collections were "very successful" and sold out in a day. He also revealed that he plans to release another collection, as his supporters are demanding it. Trump's campaign has also started accepting crypto donations, and he has been vocal about the importance of the US not falling behind China in the crypto industry.
  • Cointime July 7th News Express

    1, Ethereum L2 TVL rebounds slightly to above $39 billion
  • Binance: Bitcoin miners record longest streak of net selling since 2017

    Binance released its market insights for July, including:
  • Crypto Industry Disappointed as Digital Assets Fail to Make an Appearance in First 2024 US Presidential Debate

    Despite hopes from industry participants, the topic of crypto was not discussed during the first general debate of the 2024 U.S. presidential election between Joe Biden and Donald Trump. The debate, hosted by CNN, primarily focused on the economy, with brief mentions of other issues such as abortion, immigration, and foreign policy. While crypto has been a talking point throughout the election cycle, neither candidate made any significant statements about it during the debate. The crypto industry is hoping for a Congress and administration that will pass legislation friendly to digital asset businesses, and is looking to repeat the massive spending on elections from 2022.
  • Binance assists BtcTurk attack probe, freezes $5.3M in 'stolen funds'

    Binance is assisting in investigating the malicious attack on Turkish crypto exchange BtcTurk, according to Binance CEO Richard Teng.
  • Binance co-founder beseeches Elon Musk to address cryptocurrency scams on X

    According to Yi He, “a significant amount of money” was lost when X.com users were tricked by an impersonation scam.