Binance and Deribit Disable SignalPlus API Connections

Binance and Deribit disabled API connections linked to SignalPlus after the derivatives trading platform reported a security breach, interrupting trading, monitoring and automation through the service. SignalPlus estimated losses at less than $82,000 and said it would reimburse affected users in full. Binance said the action was precautionary and that its systems and customer funds were unaffected. Deribit said its systems and data were not affected, while warning that SignalPlus-related trading, monitoring and automation had stopped working for its customers. Customers could continue to manage their accounts directly through the exchanges. SignalPlus said the intrusion began on Nov. 4 after an attacker used a compromised Telegram account belonging to a contact at a technology vendor to send an engineer a forged Microsoft Teams invitation. The company said the engineer’s computer was compromised and the attacker used the employee’s access to reach SignalPlus’s internal network. The company reported that it detected and contained the activity. The breach route, affected-account scope and loss estimate are based on SignalPlus’s account. The company said the incident affected a...