
Bitcoin stolen from Binance tops Tesla’s holdings and is over twice El Salvador’s reserve
Summary
Hackers recently stole thousands of bitcoins from the Binance exchange, resulting in massive financial losses valued in the billions of dollars. Blockchain analysis indicates that individuals linked to North Korea are responsible for the security breach.
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.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.