.Binance is actively working on prevention of potential series of API leaks tied to crypto trading bot
The root of the problem is Binance's API key used for placing orders via various accounts, managing solutions like trading bots or platforms that have more advantages compared to the traditional trading desk.
The Skyrex crypto trading bot was the solution used by the Binance user who had to close an unwanted position of. However, the API leak might not be tied to the project but to the user himself, who could have accidentally leaked it. If Skyrex is the source of the leak, users should immediately revoke APIs through their account setting on Binance to avoid potential issues with their accounts.
At press time, the token purchased by hackers has returned to its usual trading range regardless of the massive 171% spike.
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