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Safu

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!”

by karbonbased July 22, 2018

295👍 39👎


SAFU

"SAFU", the “Secure Asset Fund for Users” is an emergency insurance fund. Mainly used by Crypto exchange after the exchange getting hacked. (E.g. Binance)

People be worried and asking how is my funds? The CEO will say the words “Funds are SAFU”

by hijjaz May 12, 2019

58👍 12👎


safu

Was a term first used by the now dysfunctional crypto exchange 'btc-e' /'wex', to let users know that there assets are safe after the crypto exchange was taken down by law enforcement and came back under the new name 'wex'. It was probably a typo on twitter which immediately became famous in crypto slang. Where many young adults are obsessed with there time consuming hobbies to hold and feel rich by trading, holding and exchanging crypto tokens in a safe way.

Maintenance is finished. New features are on the way. Funds are safu.

by Philip Flop October 5, 2019

15👍 26👎


SAFU

a SFW (safe for work) abbreviation for "Shit's All Fuck'd Up"

Normally used to describe a situation, person, or thing that is severely screwed up.

Can be used as a Noun or Verb depending on the context of the situation.

Noun: Man, If McCain gets elected, America is SAFU! I'm moving to Australia.

Verb: "Your SAFU'd"

by Jon Roots March 16, 2008

24👍 73👎


SAFU

Situation All Fucked Up

A cryptocurrency term used by users when an exchange gets hacked and it doesn't have enough funds to cover the losses. Pun on another definition of the term, "Secure Asset Fund for Users".

Exchange got hacked, I/we lost all, it's SAFU.

by Monni1995 September 1, 2021

3👍 17👎