Binance Sets New Milestones for Security and Asset Protection

Binance Bolsters Investor Protection, SAFU Fund Buys Additional 1,315 BTC

TL;DR Binance added about 1,315 BTC to its SAFU fund as part of a plan to convert $1 billion of reserves into Bitcoin. The BTC move was an internal reclassification into SAFU, not necessarily open‑market buying, but signals protection emphasis. Increasing Bitcoin in a user protection fund may shape reserve narratives and offer data signals for short‑term market behavior. Binance has increased its allocation to the Secure Asset Fund for Users (S…

Binance Sets New Milestones for Security and Asset Protection

The post Binance Sets New Milestones for Security and Asset Protection appeared on BitcoinEthereumNews.com. Leading cryptocurrency platform Binance has laid out ambitious plans to enhance security measures and asset protection for its users by 2025. Announced via social media and a detailed blog post, the company’s proactive strategies focus on financial recovery and long-term safety protocols. Continue Reading:Binance Sets New Milestones for Se…

Binance Adds $100M in Bitcoin Amid Crypto Market Slide

Key Takeaways Binance added $100M in Bitcoin to its SAFU fund during the market dip. Bitcoin slipped below $73K before rebounding to around $76K amid heavy liquidations. Bearish sentiment remains dominant as macro uncertainty continues to pressure markets. The exchange acquired 1,315 BTC worth roughly $100.4 million, according to data from Arkham Intelligence, bringing its recent accumulation to 2,630 BTC valued at around $201 million. The move…

Binance Adds 1,315 Bitcoin to SAFU Fund in a $100M Move

Binance added another 1,315 Bitcoin (BTC) on Tuesday, Feb. 4, to its Secure Asset Fund for Users (SAFU) valued at $100.42 million. This strengthens user protection as volatility continues. This is a part of Binance’s plans to convert its stablecoin reserve of up to $1 billion into Bitcoin over 30 days. It is the second large Bitcoin purchase by Binance this week. Based on Arkham data, total SAFU holdings now consist of 2,630 Bitcoins (BTC) and a…

Binance completes second batch of Bitcoin conversion, acquires $100M in BTC

Binance's Bitcoin conversion for SAFU may enhance user trust and market stability, reflecting a strategic shift towards decentralized assets. The post Binance completes second batch of Bitcoin conversion, acquires $100M in BTC appeared first on Crypto Briefing.

Binance Signals Strong Conviction With Rapid Bitcoin Accumulation

Binance has sent a clear message to the crypto market with its latest decisive move. The exchange’s SAFU reserve added another 1,315 Bitcoin, valued at $100.42 million. This purchase pushed total acquisitions to 2,630 Bitcoin within just two days. The scale and speed of this action immediately caught market attention. The Binance SAFU fund exists to protect users during extreme market events. Every purchase strengthens Binance’s ability to handl…