Binance will convert its $1 billion SAFU emergency fund from stablecoins into Bitcoin over the next 30 days. The shift comes as Binance faces fresh backlash over Binance Alpha listings that surged ...

・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.

Binance has completed two $100 million batches of stablecoin-to-Bitcoin conversions from its Secure Asset Fund for Users (SAFU), totaling $200 million or 20% of its $1 billion target. The conversions ...

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 said Friday it will convert ...

Binance expands Bitcoin reserves with a $304M purchase, highlighting the trend of treating Bitcoin as a strategic treasury ...

Binance added another $300 million worth of Bitcoin to its emergency reserves on Monday, continuing its experiment with a Bitcoin-backed protection fund as markets remain under pressure. Binance ...

Financial Times reports that bitcoin and crypto exchange Binance is advising several countries on creating their own bitcoin and crypto regulations and establishing national strategic bitcoin reserves ...