World’s largest crypto exchange Binance has acknowledged that it has mistakenly stored token reserves and user funds in the same wallet, according to a Bloomberg report.
Reserves for nearly half of the 94 tokens issued by Binance, referred to as ‘B-Tokens,’ are stored in a single wallet called “Binance 8,” according to its website. The wallet contains more assets in reserve than required as collateral for the issued B-Tokens.
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