Binance has unveiled a new plan to reshape its $1 billion Secure Asset Fund for Users (SAFU) by converting all of its stablecoin reserves into Bitcoin over the next 30 days. This move underscores its long-term confidence in BTC’s value. During this transition, Binance will continuously monitor the fund’s worth and add more Bitcoin if volatility pushes its market value below $800 million, keeping the safety net near its full target. The SAFU, launched in 2018 as a user protection reserve, is now being aligned with Bitcoin to strengthen risk coverage and reflect Binance’s belief in crypto’s core asset.
Blockchain is so broad these days that it’s hard to keep pace with what’s happening…
What was witnessed in the MYX price isn't just a dip. It collapsed severely. From…
One of the major hurdles in the way of DeFi has always been its lack…
South Korean prosecutors have recovered about $21.4 million worth of Bitcoin that was stolen from their…
XRP price has once again drifted into a tight range, with volatility dropping to unusually…
Story Highlights The live price of the WLD token is Price predictions for 2026 range…
