3Commas CEO confirms API key leak following warning from CZ By Cointelegraph
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Binance CEO Changpeng Zhao (CZ) warned his 8 million Twitter followers on Dec. 28 that he is “reasonably sure” that API key leaks are taking place at the cryptocurrency trade management platform.
The disclosure by CZ followed an incident on Dec. 9, when Binance cancelled the account of a user who complained about losing funds a day earlier. That user claimed a leaked API key tied to 3Commas was used “to make trades on low cap coins to push up the price to make profit.” Binance declined to reimburse the user. CZ tweeted that the loss was unverifiable, and if the company made up for such losses “we will just be paying for users to lose their API keys.”
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Binance CEO Changpeng Zhao (CZ) warned his 8 million Twitter followers on Dec. 28 that he is “reasonably sure” that API key leaks are taking place at the cryptocurrency trade management platform.
The disclosure by CZ followed an incident on Dec. 9, when Binance cancelled the account of a user who complained about losing funds a day earlier. That user claimed a leaked API key tied to 3Commas was used “to make trades on low cap coins to push up the price to make profit.” Binance declined to reimburse the user. CZ tweeted that the loss was unverifiable, and if the company made up for such losses “we will just be paying for users to lose their API keys.”
Continue Reading on Coin Telegraph
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