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Binance completes $1B Bitcoin conversion for SAFU emergency fund

1 min read
Binance completes $1B Bitcoin conversion for SAFU emergency fund

Binance has successfully completed a $1 billion conversion of Bitcoin for its Secure Asset Fund for Users (SAFU) emergency fund. This move comes as cryptocurrency market sentiment reaches record lows, with an increase in short positions among smart money traders.

Read the full story at CoinTelegraph →


Source: CoinTelegraph · Report an issue

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