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Cryptocoins Exchanges / Binance 220 Views

How Binance paid 1 000 000 000 Doge for the 1.14.5 update and now he is silent about it. 1600+ wallets mistakenly got 1% of all doge on earth. And it seems Binance no longer has Doge.

https://twitter.com/ShibearrenB/status/1460362917275181062 - original thread

Binance suspended Doge withdrawal 4 days ago, but most likely Binance no longer has Doge (so they cannot be withdrawn).

The fact is that update 1.14.5 reduced the commission in Doge by almost 100 times. In 2019, Binance was withdrawing Doge, paying less than the required fees. The transfers were not sent, but after that they corrected everything and changed the commission to the required

As a result, Binance accumulated a lot of unsent transfers, the commission of which was less than necessary. Before update 1.14.5. After 1.14.5, all these translations were sent at the same time

On November 10, at block 3973894, Binance accidentally sent 890 transactions worth 267 million Doge. In block 3973895, Binance sent another 270 million Doge to different people, and finally another 500 million Doge was sent in block 3973896.

Main wallet - DCUrdaVWg71kBqNSrYWHV4AnXgd7XDmHK1, + binance used many small wallets. All Doge withdrawn are the same stuck transactions from 2019-2020. Most wallets are inactive.

In fact, this is the largest giveaway in the entire history of the earth. Binance gave people 1 billion Doge. If there were more Doge on the wallets - Binance would send more, transactions were sent exactly until all Doge ended

The problem is that the Doge you keep on Binance are probably not backed by anything. Binance handed out everything Doge by mistake. This is why you cannot withdraw Doge from Binance. Binance just doesn't have them anymore.

submitted by /u/Few-Neighborhood2606
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