Binance, FTX Kazasının Ardından Sigorta Fonunu 1 Milyar Dolara Doldurdu

Binance’s CEO said the world’s largest cryptocurrency exchange increased its Secure Asset Fund for Users (SAFU) to $1 billion again.

This comes as a result of the recent market plunge, and its purpose is to grant customers maximum protection in case of another possible negative event.

• Changpeng Zhao (CZ) tweeted that his trading venue topped up its SAFU insurance fund to $1 billion. BUSD and BNB holdings account for $700 million of the total sum, while BTC’s address makes up the remaining $300 million.
• The executive outlined that the move could offer transparency and additional security to clients during the current challenging times.

Son fiyat dalgalanmalarına uyum sağlamak için, #Binance zirve yaptı #SAFU sigorta fonunu yeniden 1 milyar ABD Doları eşdeğerine indirdi.

BUSD VE BNB adresi yaklaşık 700m: https://t.co/OMoB6HeR6r

BTC adresi 300m: https://t.co/6kOJ1MZhMM

Şeffaflık. 1/2

- CZ 🔶 Binance (@cz_binance) 9 Kasım 2022

• Binance established the SAFU in 2018 as an emergency insurance fund that could protect clients in case of extreme situations.
• Due to the ongoing crypto winter, the fund’s balance recently dropped to $735 million before the company increased it back to $1 billion now.

“As of November 2022, we’ve topped the SAFU balance back to $1B. We made a promise to our user base, along with the larger crypto ecosystem, that SAFU would always maintain a sizable level. We’ll continue to uphold that promise and continue to keep building,” a Binance statement okur.

• Sufficient reserves and a transparent platform seem to be vital features for investors nowadays. Numerous entities have already become victims of the bear market, including the Thai exchange Zipmex, the crypto lending company Santigrat Ağ, and the hedge fund Üç Ok Başkenti.
• Sam-Bankman Fried’s trading venue has also experienced problems recently. Binance yemin to liquidate all its FTT holdings, which prompted a massive price drop for the token and a subsequent market decline.
• Rağmen söz initially that FTX and its assets are “fine,” Bankman-Fried later onaylı the rumors that Binance will acquire his firm.