Exchange & Security
Binance Converts $1B SAFU Fund to Bitcoin Following Criticism — Is a Rally Coming? - Yahoo Finance
•1 min read
Binance has converted $1 billion from its Secure Asset Fund for Users (SAFU) into Bitcoin, responding to recent criticism regarding the fund's liquidity and management. This move has sparked speculation about a potential rally in Bitcoin prices as the cryptocurrency market reacts to the announcement.
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