Crypto Markets Today: Bitcoin Moves Sideways at $23K

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Binance mistakenly mixed the crypto exchange's customer funds with B-Token collateral: Bloomberg. $BTC was trading up 0.4% to $23,000. $ETH slid 0.8% to $1,615. Equities closed mixed. _jocelynyang_ reports

Binance, the world’s largest crypto exchange by trading volume,

, Bloomberg said. The wallet contains more tokens than required for the number of B-Tokens issued. Because the tokens are supposed to be backed 1:1, the excess indicates the collateral is being mixed with customers’ tokens, according to Bloomberg.

 

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_jocelynyang_ Teens playing with other people's money. We know how it ends.

_jocelynyang_ If I had the funding to run an exchange, each customer would have their own multi-sig wallet. It would also be BTC only, but whatever. It would also be nearly fully automated.

_jocelynyang_ Coindesk, just go bankrupt and disappear already.

_jocelynyang_ U believe it? Mixed up 🤣

_jocelynyang_ it's not unusual in business competition to bring each other down

_jocelynyang_ where have you been the last few days work harder to bring FUD to the market, we want to buy at lower prices again

_jocelynyang_ FUD kamu Barry. Jangan iri sama CZ

_jocelynyang_ Fud

_jocelynyang_ Bloomberg and “unidentified spokeperson”🙄

_jocelynyang_ It was an innocent 😇 MISTAKE 🤣 LMFAOOOOOO

_jocelynyang_ Will you post the same news 100 times?

_jocelynyang_ Yea, right

_jocelynyang_ published 3 mins ago yet already outdated heh

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