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’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 Converts $1 Billion of Emergency Fund to USDC - CCN.com
Binance
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
Topping up SAFU to $1B
Binance user protection insurance fund reaches $1B valuation
SAFU insurance fund for Binance users reaches $1 billion mark
Binance Establishes $1B Insurance Fund To Safeguard Assets Amid
Binance Raises $1 Billion Towards Personal Insurance Fund
Binance has amassed a total
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.
Binance Tops up Its Insurance Fund to $1 Billion - TradingView
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 created the SAFU
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.