Cryptocurrency Exchanges Bolster Insurance Reserves in Response to Market Growth
30d ago•
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In the dynamic world of cryptocurrency, insurance funds held by exchanges are experiencing substantial growth, with leading players like Binance and Bitget seeing their reserves soar. Binance’s Secure Asset Fund for Users (SAFU), which safeguards customers’ assets, has witnessed its balance double from $1 billion to over $2 billion.
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30d ago•
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bullish:
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bullish:
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