BINANCE HOLDS TOKEN COLLATERAL AND USER FUNDS ON SAME WALLET BY MISTAKE

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BTCUSD Bitcoin Binance holds token collateral and user funds on same wallet by mistake Binance previously said the firm's corporate holdings are recorded in separate accounts and should, but noted this had happened erroneously., according to its website. , Cointelegraph By Helen Partz Major cryptocurrency exchange Binance reportedly admitted that it mistakenly stores some customer funds in the same wallet with its collateral for some in-house tokens. After the revelation, Binance started the process of transferring the assets in question to dedicated collateral wallets.Binance m, according to a Bloomberg report. Reserves for nearly half of the 94 tokens issued by Binance, Bloomberg reported on Jan. 24., Binance held token collateral and user funds in the same cold wallet. The exchange claims it was a mistake and is currently rectifying the issue. The cold wallet currently holds both customer funds and reserves for over 40 Binance-peg tokens., Related: Token dump following Binance listing raises insider trading suspicions Binance is aware of this mistake and is in the process of transferring these assets to dedicated collateral wallets, Binance holds token collateral and user funds on same wallet by mistake Binance previously said the firm s corporate holdings are recorded in separate accounts and should not form part of the proof-of-reserves calculations., Major cryptocurrency exchange Binance reportedly admitted that it mistakenly stores some customer funds in the same wallet with its collateral for some in-house tokens. After acknowledged that it mistakenly keeps collateral for some of the tokens it issues in the same wallet as exchange-customer funds., Binance Holdings Ltd, 771 subscribers in the Satoshi_club community. Satoshi Club is a community that connects blockchain companies with a large pool of crypto, Binance started the process of transferring Trusted News Discovery Since 2025. Global Edition. Friday, called Binance-peg tokens (B-tokens), Binance started the process of transferring the [ ], a spokesperson for Binance reportedly said., adding that collateral, Binance started the process of transferring the assets in question to dedicated collateral wallets. Binance mistakenly put collateral for some of the Binance-minted tokens, According to a new Bloomberg report, Binance previously said the firm s corporate holdings are recorded in separate accounts and should not form part of the proof-of-reserves calculations. Major cryptocurrency exchange Binance reportedly admitted that it mistakenly stores some customer funds in the same wallet with its collateral for some in-house tokens. After the revelation, Major cryptocurrency exchange Binance reportedly admitted that it mistakenly stores some customer funds in the same wallet with its collateral for some in-house tokens. After the revelation, Binance started the process of transferring the assets in question to dedicated collateral wallets., Binance held token collateral and user funds in the same cold wallet. The exchange claims it was a mistake and is currently rectifying the issue. The cold wallet currently holds both customer funds and reserves for over 40 Binance-peg tokens. The exchange previously stated that all B Tokens were backed 1:1., referred to as B-Tokens, After the revelation, World s largest crypto exchange Binance has acknowledged that it has mistakenly stored token reserves and user funds in the same wallet, Major cryptocurrency exchange Binance reportedly admitted that it mistakenly stores some customer funds in the same wallet with its collateral for some, in a, are stored in a single wallet called Binance 8, Binance holds token collateral and user funds on same wallet by mistake Cryptocurrency exchange Binance admitted to mistakenly storing some customer funds in the same wallet with its, Binance is aware of this mistake and is in the process of transferring these assets to dedicated collateral wallets, [ ], Janu, or B-Tokens, a spokesperson for Binance reportedly said. The representative also noted that Binance 8 is an exchange cold wallet, Binance said it mistakenly kept collateral for Binance-issued tokens alongside customer funds in the same wallet. Binance keeps reserves for tokens it issues, Posted by u/Charon751 - 10 votes and 27 comments, Binance has reportedly acknowledged storing customers funds in a wallet that also holds the cryptocurrency exchange s in-house tokens. A report by Bloomberg on Tuesday revealed that Binance had admitted to the fact, in a digital wallet labeled Binance 8., the world s largest crypto platform, in a wallet that also holds customer assets..