JUST IN: Binance buys 4,225 Bitcoin worth $300,000,000 for its 'SAFU' fund.
SAFU stands for Secure Asset Fund for Users. It's an emergency fund Binance created in 2018 to protect users' crypto holdings in case of hacks or extreme events. Binance allocates a portion of trading fees to it, and they've just added $300M in Bitcoin.
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BTC
66,250.01
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