Binance users have reported abnormal trades of some altcoins, including OM, NEXO, AMP, POLS, SUN, ARDR, BIFI, XVS, ARK, LOOM, and OSMO, Wu Blockchain reported
According to the report, the abnormal trades triggered concerns about whether hackers have stolen some users’ API keys through 3Commas and are now using those accounts to execute the trades.
Binance Denies API Compromise
However, Binance has denied that there was any hack or API compromise. The official account tweeted, “This activity does not appear to be due to compromised accounts or stolen API keys; funds are SAFU.”
