Users on Binance seeing a bizarre spike in trading volumes on numerous assets, here's what you should do
Back in November, numerous users reported a problem: they noticed an occurrence of orders they had not placed on the platform. Someone or something was causing a spike in trading volume on various assets, including AXS, which was not targeted in this case.
Later on, Binance CEO CZ confirmed that the issues were not on the exchange's side. The problem was tied to a trading API key leakage. Technically, Binance was simply following orders from users and did not have any issues with its inner systems. Breaking: On December 11, a large number of altcoins OM / AMP / NEXO / POLS / SUN / ARDR / BIFI / XVS / ARK / LOOM / OSMO were contra traded in Binance. It seems that some users' API KEY has been stolen by hackers and related to 3Commas.
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