binance

Binance Expands SAFU Reserve With $233M Bitcoin Purchase

by

Binance has added another 3,600 Bitcoin to its Secure Asset Fund for Users (SAFU), spending approximately $233 million and bringing the fund’s total holdings to 6,230 BTC, according to on-chain data. The move reinforces Binance’s efforts to strengthen user protection mechanisms amid heightened scrutiny of exchange solvency and reserve transparency across the crypto industry. Key … Read more

Binance to Shift $1B SAFU Fund Into Bitcoin Over 30 Days as Tron Signals More BTC Buying

by

Binance says it will convert $1 billion of its SAFU user-protection fund from stablecoins into Bitcoin over the next 30 days, framing the move as a long-term commitment to the industry during heightened volatility. The exchange also outlined a rebalancing plan designed to keep the fund’s value near the $1 billion target even if BTC … Read more