Binance Revokes SignalPlus API Keys After Potential Security Issue
Binance said its systems were unaffected and told users to revoke SignalPlus keys, enable IP whitelisting and wait for the platform to resolve the issue.
- Binance removed all API keys linked to SignalPlus after the Hong Kong-based platform reported a potential security issue, cutting off access as a precaution to protect customer accounts.
- API keys allow third-party software to manage trading accounts without constant logins; compromised keys could potentially allow malicious actors to execute unauthorized trades, prompting Binance's precautionary measure.
- To restrict access to approved addresses, Binance recommended enabling IP whitelisting while urging users to check trading positions directly and wait for SignalPlus to resolve the issue before reconnecting.
- Co-Founder Changpeng Zhao urged users to revoke SignalPlus API keys on other exchanges, noting that Deribit also reported the security issue and calling on connected platforms to review security controls.
- The record $6.3 billion hack on Oct 29 provides context for this incident, with roughly half of those stolen funds later frozen by Tether, Circle, and other entities.
32 Articles
32 Articles
Cointelegraph
The New York LedgerSignalPlus Security Breach Prompts Exchange API Shutdowns
SignalPlus said attackers compromised an engineer’s computer in a breach that resulted in losses of less than $82,000, which the crypto trading platform pledged to reimburse in full.
Binance and Deribit revoke SignalPlus API keys after security report
Binance revoked all API keys connected to SignalPlus after the trading platform reported a potential security issue, saying its systems were unaffected and customer funds remained safe. Deribit also removed SignalPlus-linked keys and reported no signs its systems or data were affected; Binance urged users to review accounts and avoid reconnecting until the issue is resolved. · 19 sources across the spectrum on IJR News.
Binance revokes SignalPlus API keys after potential security issue
Binance has revoked all API keys connected to third-party trading platform SignalPlus after the company reported a potential security issue, prompting founder Changpeng Zhao to warn traders using the service on other exchanges to take similar precautions. According to a…
The Binance Cryptall Exchange withdrew all the API-keys associated with the outer platform SignalPlus after reporting a potential security problem. The Binance Cryptall Exchange withdrew all the API-keys associated with the SignalPlus platform after reporting a potential security problem. Reports TASS. "In connection with a message about a potential security problem on the outer platform SignalPlus, we have, as an immediate precaution, withdrawn…
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