On November 13, a Binance user reported that someone gained access to his account. In addition to this, he said someone placed a big order on the AXS token, purchasing the digital assets for $1 million.
It was just a matter of time before Binance’s CEO cleared the air by giving clarification on this matter. CZ in a Twitter thread expresses his concern and said that Binance is attempting to identify what might be the problem. The user, who nearly lost his money, validated CZ’s statement shortly after.
Is Binance API Compromised?
Matter of fact, The Binance API key is the root of the cause. The Binance API key is known for managing trading bots or providing benefits to the platform that have more benefits than the conventional trading desk and placing orders through numerous accounts.
The Binance user who needed to close an undesired position in AXS found a solution in the Skyrex cryptocurrency trading bot. The API leak, though, might not have been caused by the project at all, but r
We współpracy z: https://coingape.com/binance-ceo-api-leak/
