When did Binance SAFU launch?
The background of the question is related to the launch time of Binance's SAFU (Secure Asset Fund for Users). The user wants to know when Binance introduced this fund, which is designed to protect user funds and enhance the security of their cryptocurrency holdings on the platform.
When did the first Binance SAFU happen?
The first Binance SAFU (Secure Asset Fund for Users) incident occurred in May 2018, when the exchange suffered a security breach resulting in the theft of 7000 BTC. Binance announced that it would use its SAFU fund to cover the losses incurred by users due to this incident.
What does the name SAFU mean?
I recently encountered the term SAFU and I'm curious about its meaning. I've seen it in a few contexts but I'm not sure what it stands for or represents. Could someone please explain the significance of this name?
When did Binance SAFU start?
Binance SAFU was not a specific event or program with a start date, but a slogan used by Binance to assure users that their funds are safe. The term gained prominence during an incident in February 2020, when Binance CEO Changpeng Zhao used it to reassure traders during a minor delay in orders.
What does SAFU mean in Japanese?
I recently encountered the term 'SAFU' and was told it has a specific meaning in Japanese. I'm curious to know what this term translates to or represents in the Japanese context.