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Binance Cuts SAFU Bitcoin Reserves by Half, Falls Below $800M Trigger

Binance has reduced its SAFU bitcoin reserves by roughly $580 million, leaving the user protection fund below its $800 million top-up trigger. Here is what the on-chain data shows and why it matters for exchange users.

UPbit executives reportedly charged for fraud

Three executives at UPbit, one of the largest crypto exchanges in South Korea, were formally charged today for fraud. CoinDesk reported that senior...