Nov 14, 2022 · Safu is a term used to denote ‘Safe’ in the cryptosphere. The very first time someone used this term (Safu) was by Bizonnaci YouTube channel, where the YouTuber made this funny video after the Binance CEO tweeted in July 2018 saying ‘Funds are safe.’. But this somehow got turned into a crypto meme and crypto slang.

The Secure Asset Fund for Users (SAFU), as well as the viral video, led to the term becoming a staple of crypto slang terms. Changpeng Zhao later helped popularize the meme, using the hashtag #safu on several occasions and tweeting "Funds are SAFU" during subsequent maintenance of his cryptocurrency exchange.

Jul 22, 2018 · A cryptocurrency term for safe popularized by the Bizonnaci YouTube channel after the CEO of Binance tweeted “Funds are safe.” “ The exchange I use got hacked!” “Oh no, are your funds safu?” “My coins better be safu!” Get the Safu mug. "SAFU", the “Secure Asset Fund for Users” is an emergency insurance fund.

Mar 28, 2023 · It's a delightful meme from a relatively simpler time in Crypto, made in response to this post from Binance at the time: At 2018/07/03 20:18:00 (UTC), irregular trades were detected from a number of API users, triggering our internal risk management system.

5 days ago · A YouTuber made a video titled Funds Are Safu, turning the phrase into a viral meme. Binance embraced the humor and later launched the SAFU initiative. It became a symbol of security in the crypto community, blending trust with a bit of fun. Why Was SAFU Created?

In 2018, a content creator named Bizonacci uploaded a video on YouTube titled “Funds Are Safu”. It quickly spread and became a viral meme. Since then, the community began using the phrase "Funds are SAFU."

The acronym SAFU refers to the “Secure Asset Fund for Users,” an emergency insurance fund established by the cryptocurrency exchange Binance. In July 2018, Binance created this fund, committing 10% of all trading fees to ensure user funds are protected in extreme situations.

Jan 30, 2024 · The term “SAFU” went viral in the cryptocurrency community after the popular crypto content creator Bizonacci published a video called “Funds Are Safu” in 2018. In the video, which features Bizonacci’s signature meme-heavy style, former Binance CEO Changpeng Zhao is depicted as saying “funds are safe” on multiple occasions.

May 19, 2018 · Funds are safu.Donate: BTC: 17pq2BcAVbaeXQgpZJ9Brw7qGW5YGGQUT9ETH/ERC-20: 0x7175CE963017307f6e57cE89CDb29a761E25aBFFXMR: 83vDTyehsLQZHGcpr8mSs3dJBV5Xo7Ht919V...

Dec 12, 2024 · Here’s the story of how SAFU became a trusted name and a crypto meme. SAFU stands for Secure Asset Fund for Users — a safety net created by Binance to protect users’ funds during extreme situations like hacks or security breaches. Think of it as the crypto space’s version of an emergency piggy bank.