Coin Prices


AD

News Explorer — Binance Is Converting Its Emergency Insurance Reserve to Coinbase's USDC

Generated by AI, curated by humans


Apr 18, 2:31 pm
Decrypt

Binance Is Converting Its Emergency Insurance Reserve to Coinbase's USDC

Binance, a major crypto exchange, has converted its Secure Asset Fund (SAFU) to USDC, the second largest stablecoin. The fund, which serves as an emergency insurance reserve for Binance users, previously held BTC and BNB but has now been converted to USDC to enhance reliability and stability. Approximately $1 billion of BTC and over $740 million of BNB were moved to Binance hot wallet addresses, leaving $1 billion in the SAFU Ethereum address.

Latest

May 2, 7:19 am
The Block

LayerZero Airdrop: Team Takes First Snapshot Ahead of Token Launch

Read Summary

May 1, 11:54 pm
Decrypt

Build on Bitcoin Launches First Phase, Enabling Dapps to Interact With the Top Blockchain

Read Summary

May 1, 6:46 pm
Decrypt

Artificial Intelligence Can Detect Money Laundering on the Bitcoin Blockchain

Read Summary

May 1, 6:27 pm
Decrypt

Bitcoin and Ethereum Prices Dip Slightly as Federal Reserve Holds Steady

Read Summary

May 1, 6:18 pm
Decrypt

Analysts Say Bitcoin May Be Near a ‘Local Bottom‘

Read Summary

May 1, 6:06 pm
Decrypt

U.S. Prosecutors Are Investigating Block for Alleged Compliance Lapses

Read Summary

May 1, 5:26 pm
Decrypt

Bitcoin Could Drop to $50,000, Says Standard Chartered

Read Summary

May 1, 4:48 pm
Decrypt

Securitize Raises $47 Million With BlackRock for Global Expansion

Read Summary

May 1, 10:49 am
Coindesk

Crypto Firms Were at Highest Risk for Money Laundering From 2022 to 2023: UK Regulator

Read Summary

May 1, 10:05 am
The Block

Standard Chartered Warns Bitcoin Could Fall to $50,000

Read Summary

May 1, 8:04 am
Unchained Crypto

There's Now $8 Billion in Real World Asset Tokenization Protocols

Read Summary

May 1, 1:05 am
Decrypt

Changpeng Zhao Plans to Focus on Education After Serving Prison Time

Read Summary

Apr 30, 10:49 pm
Decrypt

Coal Mining Firm Has Quietly Been Mining Bitcoin for Over Three Years

Read Summary

Apr 30, 10:08 pm
Decrypt

Chairman McHenry Accuses SEC Chair Gensler of Misleading Congress About Ethereum

Read Summary

Apr 30, 10:04 pm
Decrypt

AnimeCoin Launches Gacha Grab, a Web-Based Game Inspired by Japanese Gachapon Machines

Read Summary