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Binance Halves Its Bitcoin (BTC) Safety Fund to 7,500 BTC Worth About $580 Million

COINOTAG·November 3, 2026·1 min read
Binance Halves Its Bitcoin (BTC) Safety Fund to 7,500 BTC Worth About $580 Million

Binance halved its SAFU emergency fund to 7,500 BTC, worth about $580 million, after Oct. 31 withdrawals. The exchange pledged a $1 billion refill but set no timeline. The reduction raises questions about user protection as the fund covers fewer assets in case of security breaches.

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