SAFU
(Secure Asset Fund for Users)
This ensures that an emergency fund is held to safeguard all funds that have been deposited. In the case of a hack or other event resulting in the destruction of user properties, this money will be used to reimburse investors.
SAFU has become a security standard that aims to balance the volatility and exposure that the cryptocurrency world has to the risk of losing assets. Various cryptocurrency projects and companies have begun to incorporate it and announce the creation of these funds for user security.
Latest Content
- Justin Sun defends TRUMP memecoin
- PumpBTC: The Liquid Way to Earn on Your Bitcoin
- Nigeria Powers the Next Fintech Evolution: Fintech Revolution Summit 2025 Set to Transform Africa’s Digital Finance Landscape
- Saudi Arabia Leads Middle East’s Fintech Future: Fintech Revolution Summit 2025
- Powering Innovation & Inclusion: Malaysia Leads the Next Wave of Fintech Revolution Summit 2025 | Malaysia
Related content
- Crypto Events Archive A growing list of past crypto and blockchain events from around the world. Conferences, workshops, meetups, hackathons, conferences....
- Bitcoin ETFs Unlike mutual funds, ETF trades like a common stock on a stock exchange....
- IDO (Initial DEX offering) An Initial DEX Offering or IDO (Initial DEX Offering) is the start of a decentralized exchange (DEX)....
- RealT: How Crypto is Disrupting Real Estate Blockchain technology is the buzz of the financial world. The real estate community is taking notice as well. RealT is a platform token that is using blockchain technology to disrupt the real estate industry in many ways. Blockchain tokens are...