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Binance converts $1 billion reserve into Bitcoin after crypto market crash to November lows
The announcement followed a sharp Bitcoin selloff that triggered more than $1.7 billion in liquidations across crypto markets ...
Binance will move its entire $1 billion user protection fund into Bitcoin over the next 30 days. The exchange said it will ...
The SAFU fund, first established in 2018, is a reserve to cover some $162 billion in user funds in the event of a hack.
As the bitcoin price slumps, Binance said it will convert the $1 billion stablecoin-backed Secure Asset Fund for Users entirely into bitcoin over the next 30 days.
Binance plans to convert its $1 billion Secure Asset Fund for Users into Bitcoin, signalling a change in how the exchange structures its emergency protection reserve during a volatile market phase.
TRON founder Justin Sun has announced plans to add Bitcoin to the blockchain network’s strategic reserves. The move follows ...
Binance plans to convert the SAFU fund’s $1 billion stablecoin reserves into Bitcoin and complete the shift within 30 days.
Binance to convert $1 billion SAFU fund to Bitcoin within 30 days, citing long-term value belief amid 2025 risk management ...
The world’s largest bitcoin fund is surging faster than the cryptocurrency itself as investors anticipate that an exchange-traded fund centered on the token could soon launch. The Grayscale Bitcoin ...
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