⚡️🇰🇵 NEWS - After the Bybit attack, North Korean hacker group Lazarus converted ETH to BTC and now owns 13,562 Bitcoin worth $1.14 billion.

North Korea is now one of the largest government holders of Bitcoin.

🔹 Bitcoin: 13,562 BTC ($1.14 billion)

🔹 Ethereum: 13763 ETH ($26.20 million)

🔹 BNB: 5022 BNB ($3M)

🔹 Stablecoins: $3.5 million

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Discussion

I guess this helps explain the dismal performance of eth recently

Then how do you explain ETH's dismal performance before the hack? I think it's because it's a shitcoin not designed to be a store of value, and people are just beginning to understand the difference.

can't argue with that

How did they convert ETH to BTC?

THORChain