Breaking: Binance Refutes 3Commas Hack Concerns Over Big Altcoin Buys

Binance 3Commas Hack News: While it is an encouraging sign for altcoins, the latest big buys on Binance was a point of concern for the crypto community. This is due to concerns over a potential Binance hack with the 3Commas API leak. However, the crypto exchange said it does not appear to be a case of hack of compromise of assets. Stating that “funds are SAFU,” the team said it was probing the related accounts for taking action if any required.
Also Read: Was Twitter Influencer “FatMan” Secretly Linked To SBF For Attacking This Crypto?
Binance Account Exploit Through 3Commas API
Hey guys. Unfortunately two days ago my Binance account got exploited through an API which I’ve created 2 years ago and haven’t used since which I assumed I deleted but apparently didn’t. It was used to make trades on low cap coins to push up the price to make profit.
— CoinMamba (@coinmamba) December 8, 2022

On Friday, Coin Mamba, a crypto trader, claimed his 3Commas API was used to trade low

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