- Hackers did an attack on sys blockchain by controling 51% of the mining
- They mined lots of sys and deposited into binance
- They then used hacked API of other users who use bots to buy sys thus fulfilling thieir own sell order of mined sys
- They then transfered 7000 BTc from those sell orders out of binance
- Binance decided to halt all trading
- Biance disabled and removed ALL API keys
If you're using a trading bot, you need to create new API keys. Nothing else to worry about. 7000 BTC (46 million USD) is pocket change for Binnce.
