Image Credit: The Daily Hodl

Dec 19, 2023

Decoding Binance: Is It Safe?

Changpeng Zhao Founder steps down, new CEO signals regulatory shift.

Changpeng Zhao Departure

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Experienced CEO emphasizes compliance and transparency.

Richard Teng's Vision

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Binance freezes accounts tied to terrorism, aids in major operations.

Combatting Illegal Activity

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$1 billion fund protects users from losses due to breaches.

SAFU Fund Assurance

Image Credit: Binance

Binance's commitment to 1:1 backing for customer assets.

Image Credit: CoinGape

Proof of Reserves

SAFU fund reimburses $570 million in BNB Chain Hack.

Recent Hack Response

Image Credit: Crypto News

Binance emerges as one of the most secure crypto platforms.

2024 Outlook

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