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Tuesday, September 9, 2025

Binance Clarifies Users Assets Safe on Accounting System Vulnerability Incident - Blockchain.News

Binance clarified on Sunday, September 18, that the "Binance Accounting System Vulnerability" incident previously stated by the Helium Foundation occurred on Binance.US, and Binance.com found no related problems, emphasising that user assets are safe.
At the time of writing, Binance.US officials have not yet made any official response to the incident.
Arman Dezfuli-Arjomandi, a podcast host focusing on the Helium ecology, criticised Binance.US for actively maintaining communication with customers, opening up the transparency of relevant information as soon as possible, and announcing relevant compensation plans. exist
The podcaster revealed in a post on his official Twitter that: "Due to a bug in the exchange system, each deposited MOBILE token gets 1 HNT (1 MOBILE is only worth <0.001 HNT). The attackers dumped HNT tokens that did not belong to them into the market, causing huge downward pressure on the price."
Founded in 2013, the Helium Network's ever-expanding network of...



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