šŸšØ Binanceā€™s $3.5 Billion Oops with $PENGU ā€“ Hereā€™s the Full Scoop! šŸšØ

The crypto world was shaken when Binance made a billion-dollar blunder during the $PENGU token launch! šŸ§

šŸ’„ The Mistake:

For the first 30 minutes, Binance listed PENGUā€™s market cap as $350M instead of the actual $3.5B, leading to massive trading chaos.

šŸ” What Went Wrong?

A delay in syncing token data from CoinMarketCap (CMC) caused the mix-up.

āœ… The Fix:

ā€¢ Binance immediately collaborated with CMC to resolve the issue.

ā€¢ They issued a public apology, taking full responsibility.

ā€¢ And hereā€™s the game-changer: Binance announced 135M PENGU tokens in airdrops to compensate affected traders from the December 17 trading window (14:00ā€“14:37 UTC).

šŸš€ Whatā€™s Next?

Binance is tightening its processes:

ā€¢ Exploring alternative data sources šŸ”„

ā€¢ Strengthening reviews with CMC šŸ”’

šŸ‘‰ Lesson learned? Even the biggest platforms make mistakesā€”but owning up and fixing them fast is what counts.

Stay sharp, stay informed, and trade wisely, fam! šŸ’¹

#CryptoNewss #PENGU #CryptoTrading. #Write2Earn! #cryptotipshop