Is Binance helping helium?

Binance is not helping, either. The Helium crypto is facing a bit of volatility in recent days as tensions rise between the project and Binance. Future outlooks for HNT are a bit uncertain, now. It is losing much of its contact with Binance users as the exchange company pares down on the amount of HNT trade pairings it offers.

Why did Binance lose helium network's HNT token?

Binance counted them as one, HNT, resulting in a windfall for customers who deposited the less valuable MOBILE. An accounting bug at Binance has led to a windfall in Helium Network’s native HNT token for some users and shouldered the world’s largest crypto exchange with a multimillion-dollar shortfall, according to people familiar with the matter.

Will Binance delist helium (HNT-USD)?

Helium ( HNT-USD) is facing partial delisting by crypto exchange Binance ( BNB-USD ). The announcement is cutting investors off from three of the most used Helium trading pairs. Helium is responding by saying Binance has “no basis” for the decision. Crypto drama has not been sparse in recent months.

What is helium and how does it work?

Helium is a peer-to-peer wireless network that aims to provide a secure and cost-effective way for low-power IoT devices to interact with the internet. The Helium network runs on a blockchain infrastructure with a consensus protocol built based on the HoneyBadgerBFT, and has the following features: