Binance will convert its $1 billion SAFU emergency fund from stablecoins into Bitcoin over the next 30 days. The shift comes as Binance faces fresh backlash over Binance Alpha listings that surged ...
・Binance added 1,315 Bitcoin worth about $100.7 million to its SAFU insurance fund. ・Binance announced last week that it plans to convert $1 billion in SAFU reserves from stablecoins into Bitcoin.
Bitcoin briefly plunged to $24,000 on Binance’s thinly traded BTC/USD1 pair during holiday trading. A large market sell order wiped out limited buy-side liquidity, triggering a flash crash. Arbitrage ...
Binance bought another $300 million worth of Bitcoin to surpass $700 million in Bitcoin holdings through its SAFU emergency ...
Binance announced it will move its entire $1 billion user protection fund into Bitcoin over the next 30 days. The decision lands as Bitcoin trades well below recent highs, adding pressure across the ...
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 said Friday it will convert ...
Binance expands Bitcoin reserves with a $304M purchase, highlighting the trend of treating Bitcoin as a strategic treasury ...