SAFU

Binance

2026-10-10 19:02:59

CZ says Binance SAFU has evolved into a 15,000 BTC reserve

Binance founder Changpeng Zhao, better known as CZ, used X to revisit the origins and development of SAFU, the exchange’s Secure Asset Fund for Users. He said the term "SAFU" started as a simple internet meme before turning into an emergency reserve designed to protect users. According to the post cited by CZ, the fund was launched in 2018 and was used to compensate users after Binance suffered a 7,000 BTC hack in 2019. CZ also said that, as of 2026, the SAFU fund has been converted into holdings of 15,000 BTC. He added that Binance has committed to topping the reserve back up to $1 billion if its value falls below $800 million. In the same post, CZ said trust is built over years through consistency, accountability, and putting users first.

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CZ

2026-09-25 15:01:04

CZ voices support for Bitget, says Binance and the BNB Chain community will help

Changpeng Zhao, known as CZ, said on Sept. 25 that it was a difficult day for Bitget and expressed support for the exchange in a brief public post cited by BlockBeats. He said he believes and knows that Binance, the BNB Chain ecosystem, and the broader community will do everything they can to provide help. CZ also urged the community to stay "SAFU." The statement did not include details on the situation facing Bitget or specify what form that support could take. The remarks were presented as a short market update by BlockBeats.

370

Binance

2026-09-11 11:54:38

Binance Bitcoin reserves climb to 693,000 BTC, a two-year high

On-chain data cited by Techub News shows Binance’s Bitcoin reserves have risen to 693,000 BTC, the highest level in two years. Data from Darkfost indicates the holdings account for about 30% of the total Bitcoin held by major exchanges. Since late April, Binance’s reserve has increased by roughly 77,000 BTC. The report said the rise in reserves may reflect investors moving Bitcoin onto exchanges after the recent price rally in order to sell. It also pointed to other factors, including a planned $1 billion investment by the SAFU fund. The item was attributed to CoinPedia in the original brief.

900

HTX

2026-08-21 06:51:52

Justin Sun says HTX has upgraded its security architecture and kept user assets 100% SAFU

HTX global adviser Justin Sun said the exchange has formally upgraded its security architecture in response to community calls for stronger safeguards. According to his statement, the update includes a multi-address withdrawal system that spreads hot wallet assets across multiple addresses, along with regular automatic rotation of withdrawal addresses. Once a new address is activated, the old one is disabled immediately and is no longer controlled by the platform, a setup Sun said is designed to reduce single-address risk exposure to a minimum. Sun added that even in an extreme security incident, the upper limit of potential losses would be below $1 million and fully covered by an insurance fund, with users suffering no loss of funds. He also reminded users that withdrawal addresses will change periodically as part of standard security procedures and said users should verify actual on-chain receipts. HTX said it will take every user feedback item and every portion of user assets seriously.

1330

Changpeng Zha

2026-08-03 11:06:08

Changpeng Zhao outlines three priorities for safer crypto storage

Changpeng Zhao shared three basic priorities for keeping cryptocurrency holdings safe: preventing theft by others, avoiding loss caused by the owner, and making sure family members can access the assets if the user is no longer able to do so. According to the post cited by Techub News, Zhao urged users to protect private keys with strict security measures and to set up an emergency access arrangement in advance. The guidance frames crypto security as more than a single anti-hacking measure. It also covers operational mistakes and unexpected situations that could leave assets inaccessible. Cointelegraph was cited as the source for the report. The comments center on broad asset protection and contingency planning rather than trading, market moves, or token-specific developments.

530

Crypto Exchan

2026-07-27 11:49:47

CoinDesk Research: 77 crypto exchanges saw nearly $1 billion in net outflows since June, while Binance posted net inflows

CoinDesk Research data shows that capital has continued to leave the crypto market since June, with 77 exchanges worldwide recording nearly $1 billion in combined net outflows. Against that backdrop, Binance still posted $36.9 million in net inflows as of early July, making it one of the few centralized exchanges that remained in positive territory. The data also points to factors drawing user attention during a more volatile stretch in the market, including reserves, liquidity and risk controls. Binance’s USDT and USDC reserve ratios were both above 100%, with reserves publicly verifiable, while its roughly $1 billion SAFU fund is held in publicly traceable on-chain wallets. Even as overall trading volume declined, Binance still held about 24% of spot market share, 36% of perpetual futures market share, and roughly 55% of reserve assets across centralized exchanges.

1510

Binance

2026-07-24 07:30:16

Binance Converts $1B SAFU Fund to Bitcoin, Sets Dynamic Rebalance Floor

Binance has converted its entire $1 billion SAFU emergency reserve into Bitcoin, with a dynamic rebalancing mechanism that auto-replenishes if the value falls below $800 million, signaling a long-term bet on BTC as a core treasury asset.

270

Binance

2026-07-24 02:20:16

Binance SAFU Buys Another 3,600 BTC, Holdings Rise to 6,230 BTC

Arkham data shows Binance’s SAFU fund wallet bought another 3,600 BTC worth about $233 million, lifting total holdings to 6,230 BTC. The move continues Binance’s plan to shift a $1 billion stablecoin reserve into Bitcoin.

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