Binance SAFU Fund's First Profit: 15K BTC Delivers Security Win
Binance's SAFU fund turns green. 15,000 BTC posts first profit, easing user jitters on exchange safety.
Secure Asset Fund for Users: born from FTX ashes, now thriving. BTC holdings yield gains amid bull vibes. Transparent update: audited reserves, profit shared. Builds on insurance model, covering hacks/losses. Context: CEX trust rebuild post-scandals. Binance leads with proof-of-reserves. Numbers: profit margins solid, BTC up 20% YTD. Reassures on solvency.
Exchange users sleep better, risk-averse pile in. Deposits rise, vols surge – trust fuels growth.
SAFU profit is transparency triumph. Binance sets the bar; users win big.