Binance has moved its Secure Asset Fund for Users (SAFU) back into Bitcoin, restoring the emergency reserve to around $1 billion after previously holding it entirely in USD Coin (USDC). The transition began in February 2026 and was completed by mid-month. This fund is designed to protect user assets during extreme situations, and Binance will continue to monitor and adjust its size and asset mix as needed. The move marks a shift in the fund's asset allocation, aiming to balance security and market conditions while maintaining a target value near $1 billion.
Bitcoin trades at Rp1.484.592.972 on Pluang as of Oct 08, 2026 15:21 WIB, showing a 1-day decline of 1.09%. This price movement contrasts with Binance's recent move to restore its SAFU fund to about $1 billion in Bitcoin, highlighting ongoing shifts in asset security strategies. Binance Coin (BNB) also saw a slight dip of 0.61%, priced at Rp13.752.496, reflecting modest market adjustments alongside Bitcoin's changes.
During Binance's withdrawal halt following a $6.3 billion hot wallet hack, rival exchanges Bybit and Bitget experienced sharp increases in stablecoin deposits. From Oct. 29 to Oct. 31, Bybit saw a 142% rise in distinct Ethereum stablecoin deposit add...
Ripple issued 110.57 million RLUSD stablecoins on the XRP Ledger just before Binance resumed XRP and RLUSD withdrawals following its $6.3 billion hack. RLUSD's market cap is about $2.56 billion, with a third of tokens on XRP Ledger and the rest mostl...
An unknown wallet transferred 7,499 Bitcoin (BTC) worth $575.1 million to Binance early on Nov. 3, marking the largest of five major cryptocurrency transfers totaling $1.10 billion within three hours. Other significant moves included large transfers ...
Following a major hack at Binance, Bitcoin's price has shown little immediate reaction, which expert Tim Grant finds concerning. He warns that the market may not have fully absorbed the damage yet, and the true effects could emerge over the next two ...
Following the Binance hack that saw $6.36 billion stolen, including 233 million XRP tokens, XRP investors responded by creating nearly 8,000 new wallets in 24 hours, more than doubling the usual daily average. This surge reflects a shift toward self-...
