• bitcoinBitcoin (BTC) $ 116,029.00
  • ethereumEthereum (ETH) $ 2,957.96
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.56
  • bnbBNB (BNB) $ 688.93
  • solanaSolana (SOL) $ 164.30
  • usd-coinUSDC (USDC) $ 0.999892
  • dogecoinDogecoin (DOGE) $ 0.196220
  • tronTRON (TRX) $ 0.294322
  • staked-etherLido Staked Ether (STETH) $ 2,958.42
  • cardanoCardano (ADA) $ 0.686042
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 115,912.00
  • hyperliquidHyperliquid (HYPE) $ 43.89
  • wrapped-stethWrapped stETH (WSTETH) $ 3,575.78
  • suiSui (SUI) $ 3.49
  • chainlinkChainlink (LINK) $ 15.36
  • bitcoin-cashBitcoin Cash (BCH) $ 519.63
  • stellarStellar (XLM) $ 0.303977
  • avalanche-2Avalanche (AVAX) $ 20.83
  • leo-tokenLEO Token (LEO) $ 9.03
  • hedera-hashgraphHedera (HBAR) $ 0.197482
  • wrapped-eethWrapped eETH (WEETH) $ 3,173.08
  • shiba-inuShiba Inu (SHIB) $ 0.000014
  • wethWETH (WETH) $ 2,959.85
  • usdsUSDS (USDS) $ 0.999784
  • the-open-networkToncoin (TON) $ 2.97
  • litecoinLitecoin (LTC) $ 95.50
  • whitebitWhiteBIT Coin (WBT) $ 46.73
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999361
  • moneroMonero (XMR) $ 328.61
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 115,849.00
  • polkadotPolkadot (DOT) $ 3.91
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.56
  • pepePepe (PEPE) $ 0.000012
  • uniswapUniswap (UNI) $ 8.44
  • aaveAave (AAVE) $ 307.23
  • pi-networkPi Network (PI) $ 0.508607
  • daiDai (DAI) $ 1.00
  • bittensorBittensor (TAO) $ 378.66
  • aptosAptos (APT) $ 4.91
  • nearNEAR Protocol (NEAR) $ 2.54
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • crypto-com-chainCronos (CRO) $ 0.097131
  • okbOKB (OKB) $ 49.28
  • internet-computerInternet Computer (ICP) $ 5.46
  • jito-staked-solJito Staked SOL (JITOSOL) $ 199.97
  • ondo-financeOndo (ONDO) $ 0.900717
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 18.54
  • susdssUSDS (SUSDS) $ 1.06
  • kaspaKaspa (KAS) $ 0.086599
  • usd1-wlfiUSD1 (USD1) $ 0.999431
  • cosmosCosmos Hub (ATOM) $ 4.68
  • mantleMantle (MNT) $ 0.630627
  • vechainVeChain (VET) $ 0.024294
  • ethenaEthena (ENA) $ 0.321685
  • arbitrumArbitrum (ARB) $ 0.407496
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.223849
  • official-trumpOfficial Trump (TRUMP) $ 9.99
  • gatechain-tokenGate (GT) $ 16.23
  • render-tokenRender (RENDER) $ 3.73
  • fasttokenFasttoken (FTN) $ 4.46
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.739126
  • algorandAlgorand (ALGO) $ 0.217896
  • worldcoin-wldWorldcoin (WLD) $ 1.07
  • bonkBonk (BONK) $ 0.000024
  • sei-networkSei (SEI) $ 0.326798
  • skySky (SKY) $ 0.084221
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,951.54
  • filecoinFilecoin (FIL) $ 2.60
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 115,615.00
  • quant-networkQuant (QNT) $ 115.34
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.74
  • binance-staked-solBinance Staked SOL (BNSOL) $ 174.33
  • spx6900SPX6900 (SPX) $ 1.64
  • jupiter-exchange-solanaJupiter (JUP) $ 0.490113
  • usdtbUSDtb (USDTB) $ 0.999717
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998263
  • kucoin-sharesKuCoin (KCS) $ 11.38
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,103.93
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,375.45
  • usdt0USDT0 (USDT0) $ 1.00
  • celestiaCelestia (TIA) $ 1.88
  • fartcoinFartcoin (FARTCOIN) $ 1.31
  • nexoNEXO (NEXO) $ 1.27
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.019468
  • injective-protocolInjective (INJ) $ 12.31
  • xdce-crowd-saleXDC Network (XDC) $ 0.072854
  • flare-networksFlare (FLR) $ 0.016969
  • optimismOptimism (OP) $ 0.670439
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.79
  • blockstackStacks (STX) $ 0.744177
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,163.94
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,110.09
  • sonic-3Sonic (S) $ 0.341269
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • dogwifcoindogwifhat (WIF) $ 1.05
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.998841
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,117.45
  • story-2Story (IP) $ 3.46
  • flokiFLOKI (FLOKI) $ 0.000103
  • tokenize-xchangeTokenize Xchange (TKX) $ 13.05
  • the-graphThe Graph (GRT) $ 0.098049
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 115,819.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 115,915.00
  • kaiaKaia (KAIA) $ 0.161560
  • pax-goldPAX Gold (PAXG) $ 3,329.56
  • immutable-xImmutable (IMX) $ 0.495298
  • wbnbWrapped BNB (WBNB) $ 688.20
  • clbtcclBTC (CLBTC) $ 116,989.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999013
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.51
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,194.85
  • vaultaVaulta (A) $ 0.545382
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 184.85
  • curve-dao-tokenCurve DAO (CRV) $ 0.614271
  • tether-goldTether Gold (XAUT) $ 3,327.61
  • msolMarinade Staked SOL (MSOL) $ 215.01
  • theta-tokenTheta Network (THETA) $ 0.800085
  • galaGALA (GALA) $ 0.017101
  • lido-daoLido DAO (LDO) $ 0.852549
  • memecoreMemeCore (M) $ 0.473955
  • ethereum-name-serviceEthereum Name Service (ENS) $ 22.06
  • raydiumRaydium (RAY) $ 2.72
  • iotaIOTA (IOTA) $ 0.182780
  • ousgOUSG (OUSG) $ 111.75
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • the-sandboxThe Sandbox (SAND) $ 0.288482
  • jasmycoinJasmyCoin (JASMY) $ 0.014358
  • jito-governance-tokenJito (JTO) $ 1.97
  • zcashZcash (ZEC) $ 42.25
  • aerodrome-financeAerodrome Finance (AERO) $ 0.800469
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998226
  • super-oethSuper OETH (SUPEROETH) $ 2,956.82
  • pendlePendle (PENDLE) $ 4.03
  • pyth-networkPyth Network (PYTH) $ 0.115176
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,162.91
  • bittorrentBitTorrent (BTT) $ 0.00000066
  • wrapped-hypeWrapped HYPE (WHYPE) $ 44.02
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • tezosTezos (XTZ) $ 0.595495
  • saros-financeSaros (SAROS) $ 0.235399
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,074.14
  • newton-projectAB (AB) $ 0.009118
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,960.50
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 115,265.00
  • tbtctBTC (TBTC) $ 115,748.00
  • flowFlow (FLOW) $ 0.373944
  • usual-usdUsual USD (USD0) $ 0.997797
  • decentralandDecentraland (MANA) $ 0.303190
  • mog-coinMog Coin (MOG) $ 0.000001
  • based-brettBrett (BRETT) $ 0.057931
  • walrus-2Walrus (WAL) $ 0.412109
  • falcon-financeFalcon USD (USDF) $ 0.999292
  • syrupMaple Finance (SYRUP) $ 0.509716
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 115,795.00
  • morphoMorpho (MORPHO) $ 1.71
  • coredaoorgCore (CORE) $ 0.539486
  • thorchainTHORChain (RUNE) $ 1.52
  • apecoinApeCoin (APE) $ 0.666119
  • banana-for-scale-2Banana For Scale (BANANAS31) $ 0.052601
  • bitcoin-svBitcoin SV (BSV) $ 26.48
  • starknetStarknet (STRK) $ 0.140639
  • staked-hypeStaked HYPE (STHYPE) $ 44.04
  • ripple-usdRipple USD (RLUSD) $ 0.999774
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.196206
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,961.91
  • chain-2Onyxcoin (XCN) $ 0.014466
  • true-usdTrueUSD (TUSD) $ 0.998269
  • heliumHelium (HNT) $ 2.62
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008193
  • venomVenom (VENOM) $ 0.226829
  • conflux-tokenConflux (CFX) $ 0.092646
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004722
  • dydx-chaindYdX (DYDX) $ 0.622645
  • stader-ethxStader ETHx (ETHX) $ 3,150.69
  • ether-fiEther.fi (ETHFI) $ 1.21
  • kavaKava (KAVA) $ 0.416846
  • dexeDeXe (DEXE) $ 7.91
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999810
  • compound-governance-tokenCompound (COMP) $ 47.84
  • usddUSDD (USDD) $ 1.00
  • apenftAPENFT (NFT) $ 0.00000045
  • neoNEO (NEO) $ 6.24
  • beldexBeldex (BDX) $ 0.061441
  • elrond-erd-2MultiversX (EGLD) $ 15.27
  • deepDeepBook (DEEP) $ 0.173605
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.38
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,263.48
  • zksyncZKsync (ZK) $ 0.058084
  • build-onBUILDon (B) $ 0.417564
  • axie-infinityAxie Infinity (AXS) $ 2.48
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • arweaveArweave (AR) $ 6.28
  • aioz-networkAIOZ Network (AIOZ) $ 0.346742
  • ecasheCash (XEC) $ 0.000020
  • telcoinTelcoin (TEL) $ 0.004388
  • usdbUSDB (USDB) $ 0.994683

North Korea Bitcoin Holdings Top El Salvador, Bhutan After Bybit Hack

0 25

North Korea Bitcoin Holdings Top El Salvador, Bhutan After Bybit Hack

North Korea has jumped into the ranks of the world’s top government Bitcoin holders following a massive cryptocurrency theft linked to the Lazarus hacking group.

After successfully targeting cryptocurrency exchange Bybit, the North Korean-affiliated hackers have converted a substantial portion of their stolen Ethereum into Bitcoin.

This conversion has pushed North Korea past both El Salvador (6,117 BTC) and Bhutan (10,635 BTC) in national Bitcoin holdings.

The nation now ranks as the third-largest government entity holding Bitcoin globally.

Bitcoin Holdings Across Government Entities change

The distribution of Bitcoin across government entities has shifted with North Korea’s rise.

While the United States maintains its dominant position with 198,109 BTC ($16.71 billion), the overall rankings are changing as countries adopt different approaches to cryptocurrency.

The United Kingdom’s position as the second-largest government Bitcoin holder comes primarily through criminal seizures.

The authorities have confiscated 61,245 BTC (approximately $5.17 billion) from various operations.

Unlike El Salvador, which made Bitcoin legal tender, the UK’s substantial holdings resulted from law enforcement actions.

North Korea Bitcoin Holdings Top El Salvador, Bhutan After Bybit Hack

Source: @WuBlockchain | X

Bhutan’s Bitcoin reserves, managed through state-owned Druk Holdings, amount to 10,635 BTC ($897.60 million).

The small nation has quietly built its position through mining operations powered by the country’s hydroelectric resources.

El Salvador, despite its pioneering status as the first country to adopt Bitcoin as legal tender, now finds itself in fifth place with 6,117 BTC.

President Nayib Bukele’s dollar-cost averaging strategy for national Bitcoin purchases has built the country’s position gradually over time.

The situation creates a difficult situation where a sanctioned nation like North Korea has used illicit ways to get hold of a larger Bitcoin position than countries that used legitimate acquisition strategies.

North Korea’s Crypto Strategy Reveals National Security Concerns

The Lazarus Group, widely recognized as operating under the direction of North Korea’s intelligence services, has changed cryptocurrency theft into a crucial funding mechanism for the sanction-limited state.

The February Bybit attack follows a pattern of several operations targeting cryptocurrency platforms.

Cybersecurity experts tracking North Korean operations have observed that the timing of the Bybit hack, which was just days before President Trump teased the U.S. Strategic Bitcoin Reserve, may be a sign of the awareness of global Bitcoin acquisition trends among nation-states.

The geopolitical consequences of North Korea’s Bitcoin holdings may extend beyond mere financial gain.

It could potentially provide the regime with increased resilience against international pressure.

Bybit Hack Recovery Efforts Underway

Bybit has announced a massive $140 million bounty program in an effort to recover funds stolen in the February 21, 2025 hack.

Dubbed “LazarusBounty,” the initiative offers rewards to individuals who help freeze and recover the stolen assets.

The real-time tracking shows that nearly 89% of the total $1.4 billion theft is being monitored.

According to the LazarusBounty dashboard, only $2,233,947 in bounties have been awarded so far to 13 bounty hunters.

North Korea Bitcoin Holdings Top El Salvador, Bhutan After Bybit Hack

Source: LazarusBounty

The program structure offers 10% of recovered funds as rewards, with 5% going to entities that successfully freeze the funds.

Another 5% is allocated to the first reporters who helped trace the funds leading to their freezing.

The dashboard reveals the current status of the stolen assets. 88.97% ($1,124,623,715) are being tracked.

7.50% ($94,837,426) are awaiting response from exchanges or authorities, and just 3.52% ($44,534,307) have been successfully frozen.

The hack itself was one of the largest cryptocurrency thefts in history.

The proceeds are now effectively boosting North Korea’s financial reserves at a time when the country faces strict international sanctions.

Source

Leave A Reply

Your email address will not be published.