Binance hacker’s Bitcoin haul tops Coinbase’s corporate treasury
The attackers held 18,270 BTC early Friday, topping Coinbase’s reported corporate holdings, and an Ether stash exceeding 500,000 ETH.
The attackers behind the $6.3 billion Binance hack held more Bitcoin on Friday than crypto exchange Coinbase’s holding for investment and operation at the end of September.
Blockchain analytics firm Bitquery traced 18,270 Bitcoin (BTC), worth roughly $1.4 billion, to 19 addresses linked to the attacker.
Coinbase reported holding 17,954 BTC for investment and 117 BTC for operations as of Sept. 30, a combined 18,071 BTC. The Binance hacker’s haul exceeded that total by 199 BTC. Coinbase’s holdings do not include the BTC that the exchange holds for customers.