JUST IN: BINANCE TO CONVERT SAFU FUND INTO BITCOIN @Binance says it will convert roughly $1B of SAFU fund stablecoins into $BTC. The conversion will take place gradually over the next 30 days. The exchange says reserves will be replenished if BTC drops under $80K.

SoSoValue announced that its Layer-1 order-book trading platform SoDEX is now open to the public. $SOSO serving as the gas and governance token for the underlying ValueChain. SoDEX goes live with a points incentive program, 150 million $SOSO allocated for ecosystem rewards.