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Report: Total Bitcoin Stolen From Binance Exceeds Tesla Holdings and El Salvador Reserves
(3 hours ago) · 1 source · Summarized by CryptoBipto
According to a report, the cumulative amount of Bitcoin stolen from Binance over time has surpassed the Bitcoin holdings attributed to Tesla and is more than double El Salvador's national Bitcoin reserve. The comparison highlights the scale of cryptocurrency theft affecting one of the world's largest exchanges.
WHY IT MATTERS
When you keep cryptocurrency on an exchange, you are trusting that company to safeguard your funds, similar to keeping money in a bank.
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SOURCES
- coindesk.com
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BTCExchange SecurityBitcoin TheftBinanceCrypto CustodyRisk Management