Binance converts its $1 billion SAFU security fund from stablecoins to Bitcoin reserves.
Blockchain News

Binance SAFU Fund Shifts $1 Billion to Bitcoin in Strategic Reserve Overhaul

Global, April 2025: In a significant move for cryptocurrency market infrastructure, Binance, the world’s largest digital asset exchange, has announced a major restructuring of its Secure Asset Fund for Users (SAFU). The exchange will gradually convert the fund’s entire $1 billion reserve, currently held in stablecoins, into Bitcoin (BTC). This strategic pivot represents one of […]

OKX founder Star Xu announces strict policy against cryptocurrency account trading and identity verification requirements
Bitcoin News

OKX Account Trading Policy: Founder’s Unyielding Zero-Tolerance Stance on Security Violations

In a definitive move that underscores the evolving security landscape of digital asset exchanges, OKX founder Star Xu has declared an uncompromising zero-tolerance policy toward account trading, directly addressing a high-profile case involving 40,000 USDT and setting a clear precedent for user verification standards across the cryptocurrency industry. This announcement, made via social media platform […]