Bitcoin stolen from Binance tops Tesla’s holdings and is over twice El Salvador’s reserve

Source: CoinDesk ·

Bitcoin stolen from Binance tops Tesla’s holdings and is over twice El Salvador’s reserve

From the source

The 18,270 BTC haul is worth about $1.4 billion and comes within 442 coins of SpaceX’s disclosed holdings. Blockchain investigators link the attack to North Korea. Hackers linked to North Korea took more bitcoin from Binance on Thursday than Tesla holds, and more than twice the amount in El Salvador’s national reserve. The 18,270 BTC stolen compares with Tesla’s 11,509 BTC and about 7,820 BTC in the reserve wallets published by El Salvador’s National Bitcoin Office as of Friday. At $78,500 per coin, the haul is worth roughly $1.4 billion. It also comes within 442 BTC of SpaceX’s 18,712 BTC. Both companies disclosed their holdings as of Sept. 30 in quarterly filings published this month. El Salvador began buying bitcoin in September 2021. The Binance attacker took roughly 2.3 times its current reserve in transfers confirmed in a single block. Blockchain intelligence firm TRM Labs attributed the attack “with high confidence” to TraderTraitor, a North Korean state-sponsored hacking…

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