⚡️ Ethereum developer Griff Green revealed that a portion of unclaimed funds from the 2016
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TheDAO hack will be repurposed to launch the TheDAO Security Fund, aimed at strengthening Ethereum’s security initiatives.
Key details:
⚪️ Around 20% of the recovered funds were never claimed
⚪️ Originally worth ~$6 million, these funds are now valued at approximately $200 million
⚪️ The holdings include nearly 70.5K ETH, along with additional ETH and DAO tokens
This move turns a historic vulnerability into a long-term strength. What was once a painful chapter in Ethereum’s history may now become a powerful resource for protecting the network and reinforcing its resilience.
Sometimes, the best upgrades come not from new code — but from learning, reclaiming, and building stronger than before 🚀
Binance has announced that it will convert the entire $1 billion SAFU fund from stablecoins into Bitcoin reserves,
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More importantly, Binance didn’t stop at an announcement — it introduced a clear and disciplined mechanism:
SAFU will be periodically rebalanced based on market prices
If the fund’s value drops below $800 million due to BTC price fluctuations, Binance will inject additional capital to restore it to $1 billion
This move signals a major shift. SAFU is no longer just a defensive stablecoin fund — it is evolving into a true Bitcoin treasury.
The message is loud and clear: Binance is committing to Bitcoin for the long term, not only as a belief in its future, but as a cornerstone for protecting users and strengthening trust.
In a world full of short-term noise, this is a bold statement of conviction. Bitcoin isn’t just an asset here — it’s a strategy.