Binance commits to gigantic Bitcoin purchase as an implicit apology for October liquidation meltdown
Binance simply turned its emergency insurance coverage fund right into a public, auditable pledge. And it reads like a crisis-repair letter in stability sheet kind. The trade introduced Jan. 30 that it’s going to convert SAFU’s roughly $1 billion stablecoin reserves into Bitcoin inside 30 days, with an specific promise: if BTC value actions push…
