3Commas Data Breach

Published: Dec 29, 2022 Est. read time: 1 minute

A recent breach of 3commas, the popular trading bot platform has finally been confirmed. Hackers have reportedly managed to extract API keys from the platform, leading to unconfirmed reports of users losing funds through unauthorized access to their connected exchanges.

Popular and self described 'On-chain sleuth' @zachxbt provided evidence and broke the news earlier today.

1/ Six hours ago an account messaged me and sent over a db with api keys of 3Commas users. I began working to verify its validity and quickly shared the info with exchanges. pic.twitter.com/MBKatUyzBE

— ZachXBT (@zachxbt) December 28, 2022

It is not yet clear how the hackers were able to breach the 3commas platform and extract the API keys. The company has not released any further information on the matter, and it is possible that the full extent of the breach has not yet been determined.

In the meantime, it is essential that users take steps to protect their funds and secure their accounts. It is always a good idea to be vigilant when it comes to online security, and this breach serves as a reminder of the importance of taking precautions to protect your assets.

3commas is a widely-used platform in the crypto trading community, and it is unfortunate that it has fallen victim to a hack. However, it is reassuring to see the company take swift action to address the situation and reassure its users that they are working to make things right.

It is worth noting that this is not the first time that a trading bot platform has been targeted by hackers. In 2019, another popular platform, Cryptohopper, suffered a similar breach. These incidents highlight the importance of choosing a reputable and secure platform for your trading needs, and taking steps to protect your accounts and assets.

In conclusion, the breach of 3commas is a serious concern for its users and the broader crypto community. Anyone who has their keys on 3Commas should revoke their keys with their associated exchange ASAP. It is essential that users take immediate action to secure their accounts and protect their funds. 3commas has stated that it is committed to making things right for its users, and it remains to be seen how the company will address the situation moving forward. In the meantime, it is important for all users to remain vigilant and take steps to protect their online security.