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Binance has spent half its SAFU bitcoin, about $580 million worth, data shows

CoinDesk
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Binance has spent half its SAFU bitcoin, about $580 million worth, data shows

The user protection fund now sits below the $800 million level that Binance’s own rules say triggers a top-up, and the exchange hasn’t said when it will refill it.

Key Takeaways

  1. The user protection fund now sits below the $800 million level that Binance’s own rules say triggers a top-up, and the exchange hasn’t said when it will refill it.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
Read Full Article on CoinDesk

Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.