Skip to content
Airdrop News

Airdrop news, gathered from 259 outlets every half hour

Binance’s $570M SAFU Bitcoin Just Moved Again to a Mystery Wallet

Picture: Bitcoin.com News

The 7,500 BTC that Binance pulled from its emergency user fund to cover its $6.3 billion hack has moved again, this time to an unlabeled, high-volume address. Binance’s Secure Asset Fund for Users (SAFU), the reserve the exchange set up to protect customers in extreme events, is now at half its former size, and the half it spent is on the move. To elaborate, the 7,500 BTC that left the fund on Oct. 31 changed hands again early on Nov. 3 . Binance said on Oct.

You are reading an excerpt. Bitcoin.com News wrote and owns the full article.

Continue reading at news.bitcoin.com

Related stories

More crypto news

All Crypto & Bitcoin