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Binance and Deribit cut off API keys tied to the SignalPlus trading platform after a potential security concern. Binance asked users to check their positions and orders.
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Binance and Deribit have revoked API keys linked to SignalPlus, a crypto trading platform. An API key is a digital credential that lets one service access an account on another. The exchanges cited a potential security issue.
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The step was a precaution. It is meant to protect users from possible unauthorized activity on their accounts.
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Binance told customers to check their positions and orders. It also urged them not to reconnect their API keys until further notice.
The material does not say whether any account was actually affected.
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