PANews reported on August 30th that, according to Cointelegraph, El Salvador previously held 6,274 Bitcoin (worth $678 million) in a single address, but blockchain data shows that these funds were moved to 14 new addresses. The El Salvador Bitcoin Office stated in an X post that "by dividing the funds into smaller amounts, the impact of a potential quantum attack can be minimized," adding that each Bitcoin address can hold a maximum of 500 BTC.PANews reported on August 30th that, according to Cointelegraph, El Salvador previously held 6,274 Bitcoin (worth $678 million) in a single address, but blockchain data shows that these funds were moved to 14 new addresses. The El Salvador Bitcoin Office stated in an X post that "by dividing the funds into smaller amounts, the impact of a potential quantum attack can be minimized," adding that each Bitcoin address can hold a maximum of 500 BTC.
El Salvador distributes Bitcoin to 14 new wallets to mitigate quantum risks
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PANews reported on August 30th that, according to Cointelegraph, El Salvador previously held 6,274 Bitcoin (worth $678 million) in a single address, but blockchain data shows that these funds were moved to 14 new addresses. The El Salvador Bitcoin Office stated in an X post that "by dividing the funds into smaller amounts, the impact of a potential quantum attack can be minimized," adding that each Bitcoin address can hold a maximum of 500 BTC.
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