Binance Shifts $1 Billion in SAFU Bitcoin Reserves to USDC

Binance Shifts $1 Billion in SAFU Bitcoin Reserves to USDCBinance, the leading cryptocurrency exchange globally in terms of trading volume, has shifted its SAFU (Secure Asset Fund for Users) reserves into the stablecoin USDC to bolster “its reliability.” During the early hours of Thursday, the platform transferred two substantial amounts of BTC and BNB. Binance Executes Dual Crypto Moves on Thursday: What’s Behind the […]

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US District Judge Sanctions Binance’s $4.3 Billion Plea Deal

US District Judge Sanctions Binance's $4.3 Billion Plea DealBinance Holdings is set to pay $4.3 billion in fines following the approval of its plea agreement with prosecutors by U.S. District Judge Richard Jones on Friday. Beyond the financial settlement, a third party will oversee Binance’s operations for a duration of five years. Historic $4.3 Billion Binance Settlement Approved by Seattle Judge Binance, the […]

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