Here is the "greatest" news broken down by impact:
1. The $1 Billion Bitcoin Pledge (SAFU Fund)
In a major show of confidence in the primary asset, Binance has announced it will convert $1 billion of its Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin.
• The Goal: Aligning the insurance fund with what they call the "core asset of the crypto ecosystem."
• Timeline: The conversion is expected to be completed within 30 days.
2. South Korea Expansion & GoFi Repayment
Binance’s Head of APAC, SB Seker, confirmed that the exchange aims to complete the full restitution for GoFi users (Gopax) within this year.
• Strategy: Once these long-running liquidity issues are settled, Binance intends to upgrade Gopax to global technical standards and aggressively target the #1 spot in the South Korean market.
3. CZ Addresses the Market "FUD"
In a recent AMA on Binance Square, founder Changpeng Zhao (CZ) addressed the current market volatility and rumors (FUD).
• 300 Million Milestone: He revealed that Binance has now surpassed 300 million users globally.
• Cautionary Note: He warned against "paid water armies" (shui jun) attempting to manipulate market sentiment through coordinated social media attacks.#CZAMAonBinanceSquare #MarketCorrection #WhoIsNextFedChair #BTC走势分析