🔥 Binance's SAFU Fund for Bitcoin
⠀
SAFU is Binance's emergency reserve fund for users. The fund holds 15,000 BTC (equivalent to US$1.18 billion), purchased at around US$69,000 in February, and has gained an additional US$144 million. This wallet has had no transactions since then.
⠀
Binance still has US$136 billion in reserves. US$6.2 billion left the exchange within 24 hours.
⠀
Withdrawals are temporarily suspended on some networks.
#hack
⠀
SAFU is Binance's emergency reserve fund for users. The fund holds 15,000 BTC (equivalent to US$1.18 billion), purchased at around US$69,000 in February, and has gained an additional US$144 million. This wallet has had no transactions since then.
⠀
Binance still has US$136 billion in reserves. US$6.2 billion left the exchange within 24 hours.
⠀
Withdrawals are temporarily suspended on some networks.
#hack