Binance misallocates $20M Helium’s HNT tokens in mistake
Binance misallocated roughly $20 million of Helium’s HNT token to its users due to an accounting bug, Coindesk reported on Sept. 16. According to the report, Binance has since patched the bug after its discovery. The Helium ecosystem has two tokens, HNT and MOBILE. HNT is the native token used to reward hotspot hosts, while the MOBILE token was launched in August and currently lacks a liquid market. Binance erroneously counted the two tokens as one, as users who sent MOBILE tokens to its platform got an equal amount of HNT instead. Helium community is currently voting on a migration proposal to Solana (SOL).
Source
https://t.me/Helium_Waves_Stepn
