Binance and Deribit Revoke SignalPlus API Keys Over Potential Security Issue
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Binance and Deribit have revoked API keys tied to crypto trading platform SignalPlus after a potential security issue raised concerns about unauthorized account activity. Binance advised users not to reconnect their API keys to SignalPlus until further notice, while both exchanges described the move as precautionary. The revocation affects traders who link SignalPlus to exchange accounts via API, a setup commonly used for automated and multi-venue trading. Neither exchange disclosed the number of affected keys or accounts, and no specific tokens, chains or dollar figures were cited in the initial notices. SignalPlus has yet to detail the root cause or a timeline for restoring connections. What to watch next: SignalPlus's incident update and Binance's guidance on when traders can safely re-enable API access.
Muhabbit's AI wrote this summary in its own words from CoinGape's report. It can get details wrong, so check the source.
Named in this story
Deribit, SignalPlus, Binance