A Nasdaq-listed company may sell $450 million bitcoin, citing Binance hack and quantum fears

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1News media
Published
Updated

Key claims & sources

Summary in preparation.

Market reaction i

BitcoinBTC it is the asset of the company or protocol in the event

Bitcoin rose 0.1% in the 4 hours after the first headline, after rising 0.1% in the 2 hours before.

$77,488 price at the headline
+0.1% 2 h before
+0.1% 4 h after
+0.1% 12 h after
First headline

47 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

Thefts of a similar size

WhenWhat happenedFigure
8.8 years ago Coincheck · Wallet stolen incident $534M
4.6 years ago Vires Finance incident $530M
4.0 years ago FTX · Phishing incident $450M
5.9 years ago OneCoin · Scam incident $440M
2 months ago Bitget · Hot Wallet Key Compromised incident $387M

4285 incidents stored · 21 were as large as this one or larger ($450M)