3Commas, one of the largest and most popular crypto portfolio management tools, has leaked the APIs of over 100,000 users on its platform. The information was first shared with ZachXBT by an anonymous account on Twitter. The person that messaged ZachXBT explained that they got access to over a billion dollars on APIs. 

3Commas Leak Affects Over 100k Users

Another day of the bear market affects the crypto industry. This time, 3Commas was affected by a leak in which a group of hackers got access to the APIs of over 100k users. These APIs give access to exchanges and funds that users hold on these trading platforms. 

The hacker group informed:

“We had access to over a billion dollars on APIs and didn’t use them. We wanted just to teach everybody a low lesson, not a hard one, not to trust 3Commas.”

Additionally, they mentioned that there are over 100k APIs affected, which is just a portion of the full leak. ZachXBT has also been informing exchanges about the current situation. Multiple users have also confirmed that they are part of the leak, therefore, proving the validity of these claims. 

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 also worth mentioning that 3Commas has also acknowledged the leak on Twitter. 

“We saw the hacker’s message and can confirm that the data in the files is true,” said the official statement from 3Commas. “As an immediate action, we have asked that Binance, Kucoin, and other supported exchanges revoke all the keys that were connected to 3Commas.”

This is very important, as exchanges have the possibility to revoke access to these private keys. Additionally, the statement confirms that the company has investigated an inside job, but the proof was not found. 

In the past, multiple times, 3Commas negated that their APIs were affected and that the information shared on social media networks was just FUD. 

Congrats you morons are what’s wrong with the space pic.twitter.com/8n8uVBYvaQ

— ZachXBT (@zachxbt) December 28, 2022

But how did the cryptocurrency market react to the current situation with 3Commas? Bitcoin and other virtual currencies are being traded slightly downwards. There was no massive impact of this situation on the market. With other similar situations or hacks, Bitcoin and most virtual currencies moved downwards. 

According to data shared by CoinGecko, Bitcoin is being traded at close to $16,622 per coin and it has a market valuation of $319 billion. In the last 24 hours, Bitcoin lost 0.3% of its value. At the same time, Ethereum, the second-largest crypto in the world, lost 0.3% of its value in the last hour and it fell below $1,200. Its market capitalization is currently at $144 billion. 

It is worth pointing out that multiple hacks and attacks have affected the crypto industry in 2022. The implosion of the Terra (LUNA) ecosystem and the FTX (FTT) platform are among the largest and most impactful events for digital assets this year. In the future, users are only waiting for better and more secure projects that would offer real solutions to people from all over the world.