Binance admits to mistakenly storing part of the B-Token reserves and customer funds in the same wallet

2023-01-24 20:18:11
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ChainCatcher news, according to Bloomberg, Binance admitted to mistakenly storing part of the B-Token (Binance-peg token) reserves together with customer funds in the same wallet (marked as "Binance 8").

A Binance spokesperson responded that Binance is aware of this mistake and is in the process of transferring these assets to a dedicated collateral wallet. Additionally, all customer assets are still supported 1:1, and this incident was due to past operational oversights by Binance. (Source link)

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