Binance Expands SAFU Reserve With $233M Bitcoin Purchase
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