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Binance Uses Half of SAFU Bitcoin to Cover Record Hack Losses

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Binance has tapped half of its Secure Asset Fund for Users (SAFU) Bitcoin holdings to cover losses from Thursday’s record-breaking $6.3 billion hack. The exchange transferred 7,499 BTC on Saturday, reducing its emergency wallet balance from about 15,000 BTC to roughly 7,500 BTC, now worth $583…

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