Binance Forms A 1B Insurance Fund To Mitigate Users And Regulatory Concerns After An Attack
Binance
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
SAFU insurance fund for Binance users reaches $1 billion mark
Binance Establishes $1B Insurance Fund To Safeguard Assets Amid
Binance Holdings Ltd
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 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 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 user protection insurance fund reaches $1B valuation
Binance Raises $1 Billion Towards Personal Insurance Fund
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.
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 Converts $1 Billion of Emergency Fund to USDC - CCN.com
Topping up SAFU to $1B