Binance added 1,315 Bitcoin worth about $100.7 million to its SAFU insurance fund. ・Binance announced last week that it plans ...

Binance will convert its $1 billion SAFU reserve into Bitcoin, signaling long-term confidence amid extreme market volatility.

The $100 million transfer follows the exchange's Jan. 30 announcement that it would shift the SAFU fund toward bitcoin over a ...

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.

In a move that defies the current wave of market anxiety, Binance has announced a massive strategic pivot for its user protection reserves.