SAFU Grows as Binance Buys $233M in BTC Amid Oversold RSI
Binance added roughly $233 million worth of bitcoin to its Secure Asset Fund for Users (SAFU), according to onchain data shared by Lookonchain.
Binance (Latest Publications)
CZ Says Binance Is Working with Governments on New Stablecoins
Changpeng Zhao said that Binance is working with multiple governments on the development of new stablecoins, according to a post published on his official X account.
Trader Fires Back at Binance With Open Letter After ‘10/10 Crash’ Lawsuit
TL;DR Trader Edison Zhang says Binance sued him after he blamed an Oct. 11 SOL/USDT wick for liquidating his leveraged longs. He says his liquidation level
Bloomberg’s Bitcoin Forecast Sparks CZ’s Reaction
TL;DR: The crypto sector has been hit hard by recent volatility; however, Bloomberg analyst Eric Balchunas asserts in his latest report that interest in Bitcoin ETFs
Binance Reserve Data Shows Stability Amid ‘FTX 2.0’ Rumors
Onchain reserve data for Binance remains stable, pushing back against viral claims comparing the exchange to an “FTX 2.0” scenario.
CoinMarketCap Drops Updated Exchange Reserve Rankings — Major Winners and Surprises
TL;DR CoinMarketCap’s latest reserve ranking places Binance first with about $155.64 B in reserves, heavily weighted toward stablecoins and Bitcoin assets. Differences in reserve compositions highlight variations
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
BNB Under Pressure: Is $730 the Last Line of Defense?
TL;DR: BNB has lost 14.63% of its value since late January, outstripping the decline recorded by Bitcoin. The price has successfully retested the $730 level, a
Community Sounds Alarm Over Binance Withdrawals, Echoing FTX‑SBF Concerns
TL;DR: Binance, the world’s largest exchange, experienced a brief service interruption this Tuesday, causing a momentary surge of high tension across the crypto ecosystem. The platform
Binance Deploys $100 Million Market Support Program While Bitcoin Extends Losses
TL;DR Binance executed the first SAFU fund conversion by purchasing 1,315 BTC for $100.7 million, kicking off a $1,000 million migration plan. The fund’s structure includes
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