Bitcoin theft from Binance exceeds Tesla and El Salvador reserves
ITF Team1 min read
A hack that stole 18,270 BTC from Binance, valued at roughly $1.4 billion, now tops Tesla’s Bitcoin stash and is more than double El Salvador’s official reserve.
A recent cyber‑attack on Binance resulted in the loss of 18,270 BTC, estimated at about $1.4 billion. The haul now surpasses the cryptocurrency holdings disclosed by Tesla and is more than twice the size of the official Bitcoin reserve reported by El Salvador.
Scale of the loss
- 18,270 BTC taken from Binance
- Valuation near $1.4 billion at current prices
- Just 442 BTC shy of SpaceX’s publicly known stash
Possible attribution
- Blockchain analysts have traced transaction patterns to addresses linked to North Korea
- The attribution remains based on open‑source blockchain forensics
What traders are watching
- Potential ripple effects on Binance’s token price and market confidence
- Further investigations that could identify additional wallets
- Any official response from Binance or regulatory bodies
Related news
- Binance hackers race to move stolen funds before freeze
- Market overview – 31 October 2026
- Binance tries to recover $6.3bn from north korea linked hack
- Binance hack hits $6.3 billion, biggest crypto theft on record
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This article is compiled from international market news for information only. It is not investment advice.