Binance completes 7,499 BTC SAFU transfer, replenishing 90% of hack losses and pledging to rebuild reserve to ~$1B

Binance confirms its SAFU fund transfer is complete, moving 7,499 BTC as an emergency fund to replace stolen assets and replenishing 90% of losses from its hack, up from about 80%. It pledges to rebuild its SAFU reserve to about $1 billion.

Detected & updated continuously · Source: Nebula