Binance removed all API keys linked to SignalPlus after the third-party trading platform reported a potential security issue, cutting off its access to customer accounts as a precaution, the world’s largest cryptocurrency exchange said on Thursday via X.
The exchange urged SignalPlus users to log into Binance directly to check trading positions and open orders. It also recommended waiting until the third-party platform confirmed it has resolved the issue before reconnecting any API keys.
Many crypto traders use external software and APIs to manage their accounts across multiple exchanges. A security issue at one provider could put those API connections at risk, even if the exchanges’ security has not been breached.
Binance suffered the largest crypto hack on record on Oct. 29, when hackers siphoned off $6.3 billion following a months-long campaign. Roughly half was later frozen by Tether, Circle and others.
SignalPlus is a platform for digital asset options trading and provides users with tools and insights.
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