Hack Alert: Binance Accounts Still Vulnerable to 3Commas API Flaw, Traders Say

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Hack Alert: Binance Accounts Still Vulnerable to 3Commas API Flaw, Traders Say
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Hack alert: binance traders are yet again losing deposits due to 3Commas API flaw w/ LongaRodion and coinmamba Binance 3Commas

Longa recalled that he has not used 3Commas trading bot API in the last 11 months, so there is no possibility of a phishing attack. He had even forgotten about the fact that an API connection was established on his Binance account.

Almost simultaneously, a similar issue was reported by an anonymous trader who goes by @coinmamba on Twitter. The trading veteran stated that he had only connected his API to 3Commas services and had also forgotten about the fact.He immediately reported the issue to the Binance team and asked for a compensation. However, he said that his core motivation was to make the platform take action to prevent such attacks from happening again.

Mamba, there is almost no way for us to be sure users didn't steal their own API keys. The trades were done using API keys you created. Otherwise we will just be paying for users to lose their API keys. Hope you understand. In a few hours, Coinmamba unveiled that his Binance account was put in"withdraw only" mode. He shared a screenshot of a tweet allegedly deleted by CZ, where the Binance CEO called the trader"unreasonable" and called the entire situation a"two-sided walk."As covered by U.

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