Binance confirmed it will fully cover losses from the security incident through the SAFU Fund and corporate funds, with user funds remaining safe, as stated in an update shared by @simplykashif on October 30, 2026.

Binance stated that its investigation into the security incident uncovered additional breach points beyond a compromised laptop, confirming a complex attack while freezing around $3 billion in assets and covering all losses from the SAFU fund.

Binance stated that its SAFU fund and corporate reserves will absorb every dollar lost in the latest theft, with withdrawals expected back online inside 48 hours per reporting from @ai_9684xtpa.

CZ Binance shared how the SAFU emergency reserve, launched in 2018 after a meme, now holds 15,000 BTC and will be replenished to $1B if it drops below $800M following the 2019 hack payout.

Binance SAFU fund holds $1.27B Bitcoin after $1B purchase at $66,667 average for $270M unrealized profit as BTC trades at $85242.9 with bullish 4h confluence.

Binance SAFU fund holds 15,000 BTC bought at $66,666 average with $221M unrealized profit at $81,000 levels amid treasury accumulation.

According to @ai_9684xtpa, Binance's SAFU Fund has finalized its $1 billion Bitcoin purchase, acquiring a total of 15,000 BTC from February 2 to February 12. The fund's average acquisition cost stood at $66,666.66, with no significant impact on BTC's price. The latest purchase of 4,545 BTC, worth approximately $300 million, brings Binance closer to its $1 billion reserve goal. Despite the substantial investment, Bitcoin's price remains relatively stable, reinforcing cautious sentiment in the market.

According to @lookonchain, Binance's SAFU Fund has made another significant acquisition of 4,545 BTC worth approximately $304.58 million. This purchase brings the fund's total Bitcoin holdings to 15,000 BTC, valued at $1 billion. This move highlights Binance's ongoing commitment to strengthening its SAFU Fund, potentially signaling confidence in Bitcoin's long-term value for traders and investors.

According to @ai_9684xtpa, Binance SAFU fund has achieved 73.4% of its $1 billion Bitcoin (BTC) reserve target, accumulating 10,455 BTC worth $734 million. The purchases were made across four transactions at an average price of $70,213.68. The fund's BTC holdings are now in profit with unrealized gains of $3.409 million, reflecting the recent price recovery of BTC.

According to @ai_9684xtpa, Binance's SAFU Fund has narrowed its unrealized losses on 6,230 BTC purchases to $6.05 million following a slight recovery in Bitcoin (BTC) prices. Between February 2nd and 6th, the fund acquired BTC in three transactions at an average price of $69,740.79, spending $434 million. This brings Binance closer to its $1 billion BTC reserve goal, with approximately half of the funds already utilized.

According to @cz_binance, Binance has confirmed its ongoing plan to purchase Bitcoin (BTC) for the SAFU Fund, aiming to complete the transition from stablecoins to BTC within 30 days of the initial announcement. This strategic move underscores Binance’s long-term confidence in Bitcoin and its commitment to transparency and user protection through the SAFU Fund.

According to @EmberCN, Binance has executed the third purchase under its $1 billion SAFU fund initiative, acquiring 3,600 BTC worth approximately $233 million on February 6. So far, the SAFU fund has allocated $433 million for 6,230 BTC, leaving $567 million available for further purchases.

According to @ai_9684xtpa, Binance’s SAFU fund address purchased another 1,315 BTC, marking a second $100M tranche following a prior buy two days earlier. According to @ai_9684xtpa, this is part of a $1B BTC rescue and accumulation plan that has reportedly reached 20% progress, with Binance having confirmed completion of the first $100M BTC purchase and having announced a BTC reserve initiative on Jan 30. According to @ai_9684xtpa, the involved wallet is 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD, which can be tracked via the Arkham explorer for on chain monitoring.

According to @ai_9684xtpa, Binance confirmed via an announcement that its SAFU fund completed an initial 100 million USD Bitcoin purchase toward a planned 1 billion USD BTC reserve, reaching about 10 percent progress since the January 30 start. According to @ai_9684xtpa, on chain data referenced via the Arkham Intelligence explorer shows 1,315 BTC moved from a Binance hot wallet to the SAFU address 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD, aligning with the reported tranche. According to @ai_9684xtpa, the receiving address is not the wallet that holds the 1 billion USDC reserve at 0x420ef1f25563593aF5FE3f9b9d3bC56a8bd8c104, and the author advises awaiting an official Binance notice for full confirmation. According to @ai_9684xtpa, roughly 900 million USD in BTC purchases remain, so traders can monitor the cited address and Binance announcements to track potential further inflows.