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Binance’s erroneous payouts had these effects on HNT’s perform | Helium Waves Stepn

Binance’s erroneous payouts had these effects on HNT’s performance

Leading
crypto exchange Binance, as of 16 September, made a massive blunder that turned out profitable for some users. According to new reports, Binance erroneously paid out about 4.8 million Helium [HNT] tokens to some users. Many of these users took advantage of the situation and sold the alt at a profit. The mistaken payments resulted from an accounting bug on the exchange, as per reports. Helium Network has two tokens. These are the HNT token – which the network pays its hotspot hosts. The second is the MOBILE token – paid to the operators of the network’s 5G infrastructure. Although closely linked, these assets are distinct.

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