The radix community should be proud now of what has been achieved, tech-wise.
radbull.xrd@RadBullXRD
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@erbseyer
Stepped away from accounting to run small businesses. I unwind by trading and investing in crypto.
Republic of the Philippines Katılım Aralık 2017
1K Takip Edilen308 Takipçiler
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An open letter to the crypto community 💛
During periods of market volatility and pressure, the impact felt across the industry is naturally also felt by Binance.
As a global industry leader, we hold ourselves to elevated standards and continually improve based on feedback from our community and the wider public.
In 2025, Binance continued to invest in the long-term health of our industry through stronger risk controls, compliance, and ecosystem development.
Some key highlights:
👉 User Deposit Recovery: Assisted with 38,648 incorrect deposit cases totaling $48M in 2025, contributing to over $1.09B in total user deposits recovered to date.
👉 Risk Controls & User Protection: Helped 5.4M users through risk controls and protection measures, cumulatively preventing $6.69B in potential scam-related losses.
👉 Combating Illegal Activity: Collaborated with global law enforcement agencies to combat illegal activities leading to authorities confiscating $131 million in ill-gotten funds.
👉 Token Listing Distribution and Ecosystem Diversity: Spot listings covered 21 public blockchains, with ETH, BSC, and SOL leading (32, 18, and 9 projects respectively).
👉Asset Transparency and Reserves: Achieved Proof of Reserves (PoR) totaling $162.8B across 45 crypto assets.
We remain committed to sustainable, verifiable actions that protect users, advance the industry, and support long-term, responsible growth.
Today, we’re taking another step forward:
Binance will convert the SAFU fund’s ~$1B stablecoin reserves into BTC with the process completing within the next 30 days.
The SAFU fund will undergo regular rebalancing based on its market value. Should BTC price movements cause it to fall below $800M, Binance will replenish it to $1B.
We believe Bitcoin is the foundational asset of this ecosystem and the premier long-term store of value.
By making this move, we’re embracing market cycles and standing shoulder-to-shoulder with the industry, just as we always have.
This is part of our ongoing commitment to building crypto’s future. More updates soon.
Binance will keep responding with real steps, driving the industry forward through openness, transparency, and long-term commitment.
Thank you to our beloved community for standing with us, ALWAYS. 💛
Read the full letter 👉 binance.com/en/blog/commun…
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Venezuela Just Proved the Bitcoin Bull Case, And No One Is Paying Attention
Maduro used Tether to move 80% of Venezuela's oil revenue. Billions in sanctions evasion, settled on Tron since 2020.
Then the US made a phone call.
Tether froze the wallets.
Game over.
Everyone's focused on the arrest. The real story is the lesson every finance minister on earth just learned in real time:
Stable coins are a leash, not an escape.
If someone can freeze it, it isn't money. It doesn't solve sovereignty.
First principles:
USDT is dollar plumbing without SWIFT. Faster. Cheaper. Still has a CEO. Still has a compliance department. Still picks up when Washington calls.
This is why USDT adoption exploded, 71-year-old grandmothers in Caracas pay their HOA fees in tether now. But useful ≠ sovereign.
The entire value proposition for sanctions evasion just got publicly falsified.
Now do the game theory:
You're Iran. Russia. Any country hedging against dollar weaponization. You just watched Venezuela's "crypto solution" get shut off like a light switch.
Where do you put reserves now?
USDT? Compromised.
Yuan? Political strings.
Gold? Try settling $500M across borders in 10 minutes.
CBDCs? Same kill switch, government branding.
There's exactly one asset that clears final settlement without asking permission from anyone.
21 million units. No CEO. No freeze function. No phone number.
This is the ad Bitcoin never had to buy.
The most desperate, highest-stakes capital on earth just learned there's only one door.
Price doesn't reflect it yet.
It will.
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@josefrakich @PeterSchiff @cz_binance Some old fox can't get it, that's the short of it. No matter how excellent your arguments. To them, something that has no physical form or representation is not an asset.
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Ok so first off you went from “Bitcoin is rat poison” to now “tokenized gold is the future” but you fail to understand Bitcoin is digital gold, something you claimed “worthless” but now strangely enough something you want to mimic?
Secondly, we have already tried to tokenize gold, we called it the US dollar. THAT FAILED.
Why would you want to tokenize something that can’t be verified? With Bitcoin we can verify, we don’t have to trust.
Gold is mined everyday everywhere anytime (Unlimited Supply) but there is only going to be 21M Bitcoins forever.
Also, is tokenized "gold exposure" really investing in gold to you? I hate to break it to you, but you would own no gold… Bitcoin is something that you can actually own.
Tokenizing physical bitcoin is really stupid. Just get the real Bitcoin lol.
You're wanting something to copy Bitcoin yet you are forgetting the decentralized, permission-less, verifiable, and finite aspect to it. The part you keep missing is that bitcoin is a trust-less system.
Tokenizing anything physical requires trust in a centralized system. This is the problem bitcoin is solving.
I don’t think you understand counter party risk.
Tokenized gold is just an IOU wrapped in a blockchain.
Bitcoin doesn’t represent an asset. IT IS THE ASSET.
It is the cash, not the claim.
One is a promise. The other is a protocol.
This is what you don’t understand.
Bitcoiners don’t reply on trust, we require proof only, by HARD MATH.
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I challenge @cz_binance to a debate: Bitcoin versus tokenized gold. Which best satisfies the conditions of money, which include being a medium of exchange, a unit of account, and a store of value? Who wants to moderate?
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Didn’t I tell you Hyperscale testing was live? 😉
@Adam_XRD just confirmed it’s scaling fast -
⚙️ 10× per machine, already nearing the levels Dan achieved earlier this year.
No major blockers. Real progress.
Radix is getting closer to Hyperscale. 💙
Source: x.com/Adam_XRD/statu…
#Radix #Hyperscale #DeFi
Adam_XRD@Adam_XRD
Quick community update given the current market. It has been a rough stretch for the whole crypto market, and Radix has felt it too. I know a lot of people are feeling tired, frustrated, wondering why progress never seems to match the charts. That’s fair, I feel that too at times. But here’s the thing: what we’re building hasn’t changed. The fundamentals are still rock solid, and Radix keeps delivering. Here's what's going on at the moment: 1) Hyperscale testing is running smoothly and this week saw scale reach 10x per machine. That means we’re getting close to the levels Dan was hitting earlier this year. No major blockers yet, and third parties are still on standby for public testing. 2) Radix Rewards continues to build momentum, with months left on Season 1. Native SOL routes are live and TVL in XRD terms is now at an all-time high. Wrapped assets on-chain keep rising, and more asset routes are being added. We're also seeing on-chain transactions grow week on week, with last week having the 2nd highest weekly transactions ever (excl RadQuest week) Despite the market, Astrolescent has hit another milestone with over 7 million dollars bridged to Radix. 3) Strategic partnerships are accelerating. Since Merge Madrid and Token2049, conversations with both asset issuers and larger partners have advanced quickly. A full-time BD lead is now driving this forward, and this includes both asset issuers and broader opportunities that we will be sharing more details about in the near future. These are the kinds of milestones that matter when markets turn: real delivery, not speculation. The other thing I know many are wondering about is the CTO leadership. The technical team already in place has deep experience and is keeping things moving without disruption. A new CTO isn’t needed to finish Hyperscale testing or maintain delivery; the focus now is execution. Filling the CTO role is one of a few top-tier priorities, and it becomes more important after Hyperscale testing, when long-term technical direction and protocol evolution take centre stage. Finding the right person for that phase is not something to rush. We’re being deliberate because the right fit matters far more than speed. So yes, the market’s brutal right now. But volatility does not change the vision, the destination, or our conviction. The backdrop is difficult and frustrating. But Radix remains stable, lean, and focused.
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@cz_binance @binance Shame on all those people who racially discriminate you Boss!
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Let me share a little story on the largest ever single payment from @Binance, the $6m in 2017!
I hope this will help you better understand the #Binance culture.
Binance launched on July 14, 2017, having successfully raised $15m in its ICO two weeks prior.
Less than 6 week later, on Sept 4th, 2017, China issued a ban on crypto exchanges, crypto mining, as well as recommending any ICO projects to return users investments in full should the users want it.
With the announcement, many tokens dropped below their ICO price. BNB dropped from 22x to 6x of its ICO price. Luckily, it was still 6x. So no one wanted to return $6 for $1.
However, four other projects on Binance fell below their ICO prices. The teams behind those projects lacked the funds to fully reimburse their users.
Our team ran some calculations. The gap was about $6 million USD.
The team called me and asked if we should use our own funds to make our users whole, even though those were neither our projects, nor our obligation.
$6m million might not sound like a lot today, but to put it in perspective, we had raised $15 million just eight weeks prior. We were not profitable. We were buying servers and hiring people. We were burning cash.
Giving $6 million to users would deplete our corporate treasury by more than 40%.
I joined the call on a moving train in Tokyo. I asked if anyone had any objections.
No one objected. I said, “let’s do it”.
Percentage wise, that was the single largest transaction in our corporate history.
That announcement immediately received overwhelming responses from the crypto community, not only in China, but around the world.
No other company had protected its users to such an extent, even to this day.
The market rewarded us. Users from around the world joined us. They saw that Binance protected users with not just words, but with action and funds.
When we made the decision to make users whole, we had about 35,000 users. A month later, we had 120,000 users. We became profitable, and have been ever since.
Two months after that, we became the world’s largest crypto exchange, and have been ever since.
Hence our core value: Protect Users!
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On Radix, currently you can earn 28% APY for 1 week deposit of XRD 💥
1⃣Open a free Radix wallet here: wallet.radixdlt.com
2⃣Send some $USDC or $USDT using HyperLane Bridge to your wallet for $hUSDC or $hUSDT: nexus.hyperlane.xyz/?destination=r…
3⃣ Buy some $XRD at caviarnine.com/trade we offer the best prices on Radix.
4⃣ Deposit for 7 days here: caviarnine.com/validators
🏆As a bonus, sign up to the Radix incentive program with your new wallet and earn additional $XRD for using CaviarNine: incentives.radixdlt.com
@radixdlt @hyperlane
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Radix can now connect with 150+ chains through the leading permissionless bridge protocol thanks to the @hyperlane bridge
What this unlocks for Radix:
💧 Liquidity inflows from across Web3
👥 User onboarding from any chain
⚙️ New multi-chain DeFi opportunities
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Nexus is your official bridge to @Radixdlt!
Now supporting USDC, USDT, ETH, WBTC from Arbitrum, Base, and Ethereum. Bridge now to join Radix Rewards Season 1.
Bridge Here ⏩ nexus.hyperlane.xyz/?destination=r…
Radix - Radically Different DeFi@radixdlt
Radix just levelled up. @hyperlane is live! Permissionless routes for @USDC , @USDT0_to , @WrappedBTC , and ETH from Ethereum, @arbitrum , @base , and @BNBCHAIN. More routes, including @solana, are on the way. Next: Radix Rewards Season 1 kicks off 00:00 UTC Sept. 8, 2025.
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Radix is now open to the rest of crypto!
Radix - Radically Different DeFi@radixdlt
Radix just levelled up. @hyperlane is live! Permissionless routes for @USDC , @USDT0_to , @WrappedBTC , and ETH from Ethereum, @arbitrum , @base , and @BNBCHAIN. More routes, including @solana, are on the way. Next: Radix Rewards Season 1 kicks off 00:00 UTC Sept. 8, 2025.
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