Hy steemian community everyone issues with binance exchange

This morning a large number of users are
reporting issues with their accounts on Binance. There is no evidence yet to suggest this was a hack on Binance. It seems to be related to third-party issues.

Issues:

Many people have logged in to find that all their altcoins were sold for BTC, and that many users also placed buy-orders for a specific coin at a price multiple times above its regular value.

There has been no official statement from Binance yet except that they are looking in to the matter.

Current Updates:

Early theories suggest that this attack is due to a compromised third-party application that is trading via the API, that is automating these trades in a coordinated attack in order to pump a specific coins value. This attack also seems to be contributing to a cascading effect across the market.

If you use third-party trade bots, automation tools, portfolio trackers, or portfolio management tools that use Binance API keys you should consider:

Disabling those accounts either on Binance or the tool itself.

Disabling "trade" access to the API on Binance, or resetting the key.

Disabling your API keys on any other exchange that is hooked into the same systems.

Ensuring your 2FA is enabled, and you are using a strong and unique password.

At this time it does not seem like Binance was directly compromised in any way, but we are still awaiting official comments.

We will try to keep you updated as new information develops.