Question 1

Why did Binance remove SignalPlus API keys?

Accepted Answer

Binance said it pulled all API keys connected to SignalPlus as an immediate precaution after the platform reported a potential security issue, adding that its own systems and user funds were unaffected.

Question 2

What is SignalPlus and who uses it?

Accepted Answer

SignalPlus is a Hong Kong-based institutional options and derivatives trading infrastructure firm founded in 2021, with clients including Cumberland, FalconX, and Galaxy Digital, that closed a $50 million Series B1 round at a $500 million valuation in June 2026.

Question 3

What did CZ advise users to do?

Accepted Answer

Changpeng Zhao told anyone using SignalPlus on other exchanges to revoke all their API keys and warned against storing keys with any third-party platform, noting that Deribit had also reported the issue.

Signalplus

Binance cuts off SignalPlus as security scare hits $500M options platform for institutional traders

One sharp brief.
Every day.

Signalplus

Binance cuts off SignalPlus as security scare hits $500M options platform for institutional traders

One sharp brief.Every day.

One sharp brief.
Every day.