#Binance SAFU Fund Asset Conversion – Final Update
Binance has successfully completed the final tranche purchase of 4,545 BTC, finalizing the $1 billion transition of SAFU stablecoin reserves into Bitcoin.
This transition was completed within 30 days of the initial announcement, as committed.
SAFU now holds 15,000 #BTC, worth $1,005,000,000 USD at the time of completion (calculated at a BTC price of $67,000).
SAFU BTC Address:
1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
Latest TXID:
https://t.co/EgFzIA0Hhh
With SAFU Fund now fully in Bitcoin, we reinforce our belief in BTC as the premier long-term reserve asset.
Thank you for your continued trust and support. We remain committed to transparency and security.
Ethereum co-founder Vitalik Buterin introduced the GKR protocol, a family of protocols that enables very fast proof systems. GKR is a core protocol for fast ZK-EVM and zk-ML proofs, optimized for computations with multiple low-degree layers and many repeated function applications (such as hashing and neural networks). It only requires commitments to inputs and outputs, not intermediate layers, greatly improving efficiency.
https://t.co/tQ1r7CHgdY
🚨 BREAKING:
TRUMP INSIDER WHO SHORTED THE MARKET FOR $500 MILLION IS BACK.
JUST LIKE BEFORE THE LAST MARKET CRASH, HE’S MOVED $300 MILLION INTO A NEW WALLET ON HYPERLIQUID.
HE’S AT 100% WINRATE AND $100 MILLION PROFIT SO FAR.
ANOTHER MANIPULATION INCOMING TODAY??
@TrackInsiders_ reading so many of the comments that are still in "denial" state despite the insiders continuously dumping their bags on retails , whom ultimately became their exit liquidity.
Hong Kong is pressing for a spot #etherETF before the U.S. which "will give them like the first mover's advantage," @cryptoquant_com head of research @jjcmoreno says.
Watch more: https://t.co/ZKlRSmGBon
Presented by @Grayscale — "Bitcoin investing begins here."
Polymarket is predicting that blobs (~125 kB) will cost ~0.001 ETH.
Today, 125 kB calldata costs ~30 gwei per gas * 16 gas per byte * 125000 gas ~= 0.06 ETH
And if you think polymarket's guess that blobs will be 60x cheaper is over-optimistic, you can use the market to hedge!
After the Ethereum Dencun upgrade this week, EIP-4844 will reduce L2 gas fees. According to IntoTheBlock statistics, for a DEX swap, the gas fee for Aribitrum will be reduced from $2.02 to $0.4, Optimism will be reduced from $1.42 to $0.28, Base will be reduced from $0.58 to $0.01. https://t.co/l2L13NvFxW
With the date set for the #Dencun upgrade, our team launched this countdown timer to help you stay up to date on when EIP-4844 will go live.
https://t.co/h3P50atNyp