- Binance, the world’s largest exchange by traded volume owns around 10 million Stellar Lumens (XLM).
- The accumulation of XLM came as the exchange has been validating transactions, since August 2018.
The world’s largest cryptocurrency exchange, Binance has reportedly come across some 10 million Stellar Lumens (XLM) tokens, worth around $775,000
As detailed within a blog post from Binance, the exchange had been unknowingly receiving dividends for validating transactions on the Stellar network, which had been occurring since August 31 2018.
Binance said:
Fast forward to this week, when we looked into the staking of Stellar for Binance.com, we discovered that we had already earned 9,500,000 XLM ($775,000 USD) worth of extra XLM tokens.
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