Binance completed the first $100 million Bitcoin purchase for its SAFU fund conversion on February 2, executing a transaction ...
Crypto exchange Binance bought its first 1,315 Bitcoin as part of its conversion plan for the Secure Asset Fund for Users ...
The $100 million transfer follows the exchange's Jan. 30 announcement that it would shift the SAFU fund toward bitcoin over a ...
Binance moved about 1,315 Bitcoin into its Secure Asset Fund for Users (SAFU) as it begins a 30-day shift of the user ...
Binance adds 1,315 Bitcoin to SAFU reserve, starting $1B reserve shift from stablecoins toward Bitcoin-backed protection.
Binance buys $100M Bitcoin under SAFU plan, fueling speculation of central bank-style support amid market sell-offs.
Binance added 1,315 Bitcoin worth about $100.7 million to its SAFU insurance fund. ・Binance announced last week that it plans to convert $1 billion in SAFU reserves from stablecoins into Bitcoin. ・The ...
Binance SAFU Fund acquires 1,315 Bitcoin worth over $100 million, marking a strategic shift amid high market volatility and ...
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.
Binance has started converting the assets backing its Secure Asset Fund for Users (SAFU) into Bitcoin, executing an initial purchase of 1,315 BTC worth ...
Binance plans to convert the SAFU fund’s $1 billion stablecoin reserves into Bitcoin and complete the shift within 30 days.
(Bloomberg) -- The world’s largest Bitcoin fund is surging faster than the cryptocurrency itself as investors anticipate that an ETF centered on the token could soon launch. The Grayscale Bitcoin ...
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