There are new turns daily in the world of cryptocurrency, but recently the story of a bitcoin Ordinal NFT has created a stir on social media. Sending NFT on the wrong wallet address of a user has turned into a dispute in which Binance has been accused of theft. But as the layers opened, the story turned into a rare research and a game of luck. This unique incident not only surprised the Crypto Community, but also made the crypto hobby like “Sats Paning”.
Mistake in sending NFT, created ruckus on social media
Recently a crypto user has claimed that Binance has stolen his precious bitcoin order. The case came to light when the user accidentally sent his Binance Bitcoin Deposit address accidentally.
Please tell that the warning was already given on the website of Binance that only normal bitcoin can be sent to that address, yet the user inadvertently sent it to this order. When he realized his mistake, he contacted the customer support of Binance, but received an answer that the digital asset sent cannot be recovered.
The user assumed that his order was lost forever. But shortly after, he saw that, the same order has been listed on the digital marketplace called Enchanment Eden. Seeing this, the user was surprised and posted on X and accused the binance that an employee of the platform had stolen his order and sold it.
As soon as this post went viral, many users called Binance “Criminal Organization” and accused them of digital theft. Some people have also sought answers to Binance founder Changpeng Zhao. With this, if you want to know in detail that What is binanceSo you can know by clicking on this link.
“Sats Panning” changed the story
This story suddenly took a unique turn when the user got information about “Sats Panning” and the user deleted his post. Sats Panning There is ancripto hobby, which is less popular but interesting. In which people search for rare Satoshis.
Bitcoin Ordinals, the smallest unit of Bitcoin is associated with ‘Satoshi’. Whoever has this special satoshi, he also has ordinal. At the same time, in large exchanges like binance, the deposits of all users accumulate in a large pool simultaneously, which is called Commingled Finances.
When a user extracts the bitcoin, the binance sends any satoshi from that pool, without seeing whether it is ordinary or rare. During this process, a smart collector got the special satoshi in which he was missing Ordinal Embed. It was exactly like winning a digital lottery.
“Sats Panning” is one such way in which people repeatedly collect and remove Bitcoin and hope that a rare is satisfied. The same happened in this case, in which the order was listed for the sale on Ordinal Magic Eden. Please tell that, Binance himself did not take any order nor any employee was involved in this process. This incident was only a game of luck.
Conclusion
This whole case gives an important lesson that even a small lapse in the world of crypto or digital assets can become a big confusion. The NFT sent to the wrong address can not only lose, but can also go into someone else’s hands. Binance made no mistake, but the incident explains how unknown processes like “sets paning” can make someone’s fault a luck. Therefore, every user should do careful transaction, especially when it is about rare digital collections. Similarly, if you want to get more information related to NFT, then you can go to our NFT Information section, where you Fund nft withdrawalLike new topic information will be found.
