The user protection fund now sits below the $800 million level that Binance’s own rules say triggers a top-up, and the exchange hasn’t said when it will refill it.
Binance has spent half its SAFU bitcoin, about $580 million worth, data shows
CO
CoinDeskBy Shaurya Malwa
EXECUTIVE SUMMARY
The user protection fund now sits below the $800 million level that Binance’s own rules say triggers a top-up, and the exchange hasn’t said when it will refill it.
Key Takeaways
- Binance has spent half its SAFU bitcoin, about $580 million worth, data shows.
- The user protection fund now sits below the $800 million level that Binance’s own rules say triggers a top-up, and the exchange hasn’t said when it will refill it.
- The user protection fund now sits below the $800 million level that Binance’s own rules say triggers a top-up, and the exchange hasn’t said when it will refill it.
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