BINANCE FORMS A 1B INSURANCE FUND TO MITIGATE USERS AND REGULATORY CONCERNS AFTER AN ATTACK

Binance

Binance aims to improve the reliability of its emergency fund (SAFU) by converting its holdings to USDC. This move highlights a broader trend of strategic changes

Binance, the world’s leading crypto exchange by trading volume, announced its Secure Asset Fund for Users (SAFU) reached a $1 billion valuation. The user protection

Binance Tops up Its Insurance Fund to $1 Billion - TradingView

Binance Holdings Ltd

Binance has amassed a total of $1 billion in insurance funds to compensate floor users in the event of a hacking incident.According to a statement posted on

Binance Holdings Ltd. announced that it had built a $1 billion insurance fund for its users amidst a series of cyberattacks against its platforms, according to a company memo.

SAFU insurance fund for Binance users reaches $1 billion mark

Binance Created The Safu

Binance user protection insurance fund reaches $1B valuation

Binance created the SAFU, now valued at $1 billion based on the opening prices of Janu, as an emergency insurance fund to protect users' interests.

Binance’s CEO said the world’s largest cryptocurrency exchange increased its Secure Asset Fund for Users (SAFU) to $1 billion again. This comes as a result of the

Binance Raises $1 Billion Towards Personal Insurance Fund

Binance Establishes $1B Insurance Fund To Safeguard Assets Amid

Topping up SAFU to $1B

Binance Converts $1 Billion of Emergency Fund to USDC - CCN.com