After reading the open letter posted by Binance officials, let me say a few words At the current scale of the industry, the fluctuations of Binance are actually the fluctuations of the industry. The best response to feedback from the community and concerns from the market is not verbal arguments, but transparency. This is SAFU's public address: https://(etherscan.io)/address/0x420ef1f25563593af5fe3f9b9d3bc56a8bd8c104 Several details are worth paying attention to: one ️⃣ SAFU Fund heavily holds BTC: gradually converting $1 billion in reserves into Bitcoin. This is not only confidence, but also sincerity - if the fluctuation of the coin price leads to the fund falling below 800 million, Binance promises to make up for it. This kind of "dynamic replenishment" protection, CZ and Yijie are sincere enough~ two ️⃣ Helping users' aftermath: recovering over 38000 wrongly charged assets throughout the year. To be honest, only top tier companies have the motivation and cost to persist in doing this laborious and thankless job. I also often seek customer service solutions for mistakes, which are very efficient and do not exaggerate or blacken three ️⃣ Security moat: Assisted in intercepting nearly $6.7 billion in fraud losses. Living long is more important than running fast in Web3. (Last year, while playing Sol, I ran away from the platform. After being tracked by my friends, the project team brought the coins to Binance, and my loss was recovered by appealing to Binance customer service for the three Sol coins that I lost.) The industry is being scrutinized by the outside world through top platforms. In times of market pressure, communities need to see specific risk hedging plans like SAFU asset adjustments more than just verbal promises. This transformation from a "single transaction service provider" to an "industry infrastructure" role is a necessary stage for the industry to mature. I feel the determination of my cousin and sister @cz_binance @heyibinance Binance CryptoNews BTC Industry Observation Binance Crypto BTC SAFU