Binance severs Signalplus API links after security alert

Binance has cut off all API access for the Hong Kong-based trading firm Signalplus after the platform flagged a potential security issue. The exchange stressed that its own infrastructure remains untouched and user funds are secure.

The move comes a week after Binance lost $6.34 billion in a 29 October breach that compromised 17 hot wallets across multiple blockchains. No connection between the two events has been confirmed.

Founder Changpeng Zhao told traders to revoke their Signalplus keys on every exchange, including Deribit, and warned against storing API credentials with third parties. Co-founder Yi He echoed that Binance systems were unaffected.

Affected users were told to review open orders, wait for Signalplus to resolve the issue, and enable IP whitelisting before reconnecting.

Based on information from cryptonews.net