Security· ★★★★· bearish·

Binance hacker's Bitcoin haul tops Coinbase's corporate treasury

  • —Binance attacker held 18,270 BTC as of early Friday
  • —The BTC stash exceeds Coinbase's reported corporate treasury
  • —More than 500,000 ETH sits on the same linked wallets
Why it matters: A single actor controlling that much stolen BTC raises the risk of heavy selling pressure if the coins are moved.
Source: Cointelegraph