Bitcoin stolen from Binance tops Tesla’s holdings and is over twice El Salvador’s reserve
AI summary
Binance lost 18,270 BTC, worth about $1.4 billion, in a hack that blockchain investigators have linked to North Korea. The stolen haul exceeds Tesla's disclosed bitcoin holdings and is more than twice El Salvador's national reserve, coming within 442 coins of SpaceX's holdings. A theft of this size raises exchange-custody and security concerns and adds a large overhang of coins tied to a state-linked actor, which traders will watch for signs of laundering or market selling.
