Binance taps half its SAFU Bitcoin holdings, releases reserve proof
Binance's SAFU fund, which holds Bitcoin to cover user losses, now has about 7,500 BTC after a transfer of roughly 7,499 BTC tied to a hack. The exchange has not set a date for rebuilding the $1 billion reserve. Bitcoin was at $77,765 when the story ran and is down 0.2% since then.
Source: Cointelegraph · Written by Blockdeck from public reports and live market datamarket_reactionBTC/USD around the story+0.14% since the news
Price at the news$77,857.38
First hour after+0.11%
Since the news+0.14%
Volume that hour2.8× normal
Headline and excerpt credited to Cointelegraph. Prices on this page are live, not from the time of the story. Not financial advice.