Binance completes conversion of SAFU fund from one billion to 15,000 BTC
Binance announced the completion of the transformation of its SAFU fund, which involved converting one billion of its reserves into Bitcoin (BTC). The exchange stated...
SAFU
Binance converts $734 million to Bitcoin and is nearing its 30-day target of one billion.
by Logan Pierce
Binance’s Secure Asset Fund for Users (SAFU) converted approximately $734 million into about 10,455 BTC. This move is part of a $1 billion conversion program...
Binance converts its SAFU reserve to Bitcoin to strengthen user security
Binance announced that it has begun the process of converting its $1 billion Secure Asset Fund for Users (SAFU) from stablecoins to Bitcoin, a process...
Trust Wallet Chrome extension hack steals $7 million from more than 600 users
by Logan Pierce
Trust Wallet suffered a supply-chain compromise on its Chrome extension that on December 25, led to roughly $7 million in stolen crypto from more than...