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CryptoGlobe

2023-01-24 21:05:00

$BNB: Binance Acknowledges Error in Mixing B-Tokens’ Collateral and Customer Funds

$BNB: Binance Acknowledges Error in Mixing B-Tokens’ Collateral and Customer Funds

Leading cryptocurrency exchange Binance has acknowledged that it mistakenly kept the collateral for some of its B-Tokens, which represent tokenized versions of various cryptocurrencies on the $BNB Chain, in the same wallet as the exchange users’ funds. According to a recently published Bloomberg report, the reserves for nearly half of the 94 Binance-peg tokens that

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