Jan 30, 2026
Binance to Convert $1 Billion SAFU Fund to Bitcoin Amid Market Volatility
ExchangesBinancebitcoinBTC reservescrypto exchangecryptocurrencyRisk ManagementSAFU FundUser Protection
TLDR: Binance will convert its entire $1 billion SAFU fund from stablecoins to Bitcoin reserves within 30 days of announcement. The exchange prevented approximately $6.69 billion in scam-related losses for 5.4 million users throughout 2025. Binance’s proof-of-reserves showed $162.8 billion in fully backed user assets across 45 cryptocurrencies by year-end. The platform will rebalance the [...]
The post Binance to Convert $1 Billion SAFU Fund to Bitcoin Amid Market Volatility appeared first on Blockonomi.
Source: Blockonomi →Related News
- 52 minutes ago
Saylor’s 10-Year Bitcoin Price Targets Now Face a 6-Month Accumulation Reality C...
- 52 minutes ago
XRP Ledger Transactions Triple In One Year – What’s Going On?
- 1 hour ago
Bitcoin Outperforms S&P 500, Indicating Possible Shift Toward Digital Gold
- 2 hours ago
Bitcoin ETF Inflows Stay Strong as Whales Accumulate During Market Dips
- 2 hours ago
USDT Dominance 2026 Hits 9% Resistance, Signals Potential Liquidity Rotation
