How safe is BTCB?

I'm curious about the safety of BTCB. Given the volatile nature of cryptocurrencies, how secure is this particular asset? What measures does it take to protect investors from potential losses? Is it backed by any solid fundamental values or is it solely dependent on market speculation? I'd appreciate it if you could provide a comprehensive assessment of its safety, taking into account factors like regulatory compliance, technological robustness, and overall market sentiment. Thank you in advance for your insights.